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Durbin Plc

03626868

active
Public Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

6TH FLOOR, LONDON, EC2Y 5EB
Incorporated 04/09/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46460
Wholesale of pharmaceutical goods
70100
Activities of head offices

Officers

Aisling Mccarthy

secretary · Since 31/07/2019

Mr Tim Dolphin

director · Since 31/07/2019

DIRECTOR

IRISH · IRELAND · Age 61

Also on 10 other boards

Ms Siobhã�N Taaffe

director · Since 20/05/2022

ACCOUNTANT

IRISH · IRELAND · Age 55

Also on 11 other boards

Persons with Significant Control

Uniphar Plc

75–100% shares
75–100% votes
Appoint directors

4045, Kingswood Road, Dublin

Reg: 224324 · Companies Registration Office, Ireland · Public Liability Company

Notified 31/07/2019

Former PSCs

Durbin Group Plc

Ceased 31/07/2019

Charges1 outstanding

Charge
outstanding

ALLIED IRISH BANKS, PLC

Created 23/08/2022Registered 26/08/2022
Charge
satisfied

ALLIED IRISH BANKS, P.L.C.

Created 02/07/2020Registered 10/07/2020Satisfied 31/08/2022
charge
satisfied

BARCLAYS BANK PLC

Created 05/07/2010Registered 09/07/2010Satisfied 30/06/2020
charge
satisfied

BILTON PLC

Created 16/04/2010Registered 01/05/2010Satisfied 09/05/2019
charge
satisfied

GLE PROPERTIES LIMITED

Created 25/03/2009Registered 27/03/2009Satisfied 11/06/2012
charge
satisfied

BILTON PLC

Created 22/12/2008Registered 31/12/2008Satisfied 09/05/2019
charge
satisfied

BANCO BILBAO VIZCAYA

Created 01/03/1999Registered 09/03/1999Satisfied 11/08/1999

CompanyRankvs 161+ SIC 46460 peers
66

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.84× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

appropriate; or the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue . Other information The other information comprises the in

Key FinancialsYear ending 31/12/2018

Turnover

£40.5M

Annual revenue

Net Worth

£8.3M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Profit Before Tax

-£2.1M

Bottom line earnings

Net Current Assets

£5.5M

Working capital

Current Assets

£12.0M

Current Liabilities

£6.5M

Fixed Assets

£2.9M

Debtors

£7.2M

Cost of Sales

£32.5M

Gross Profit

£8.0M

Admin Expenses

£8.6M

Operating Profit

-£2.0M

Profit After Tax

-£1.7M

123avg. employees

People Costs

Wages & salaries£4.9M
NI contributions£488k

Balance Sheet

Assets less current liabilities£8.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20181.84

Derived from filed accounts. Not audited figures.