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Advance Pharmacies Ltd

03631732

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

188 LICHFIELD ROAD, WALSALL, WS4 1ED
Incorporated 15/09/1998

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 13/05/2026

Due 27/05/2027

On track

Industry

86900
Other human health activities

Officers

Mazair Iqbal

secretary · Since 01/02/2006

BRITISH

Mr Mazair Iqbal

director · Since 11/03/2026

BRITISH · ENGLAND · Age 60

Also on 4 other boards

Persons with Significant Control

Mr Mazair Iqbal

Significant control

British · England · Age 60

188, Lichfield Road, Walsall, WS4 1ED

Notified 02/02/2017

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/04/2020Registered 12/05/2020Satisfied 23/11/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/04/1999Registered 29/04/1999Satisfied 14/05/2019

CompanyRankvs 1027+ SIC 86900 peers
87

Financial strength93th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 19.68× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£158k

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£1.7M

Current Liabilities

£86k

Fixed Assets

£310k

Debtors

£363k

17avg. employees

Balance Sheet

Intangible assets£310k
Assets less current liabilities£1.9M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
202419.68-£557k
20231.16-£222k
20221.03+£138k
20211.21-£196k
20201.29+£432k
20190.82+£161k
20180.72

Derived from filed accounts. Not audited figures.