Back to search

Adam Myers Limited

03840734

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

CORNER OAK, SOLIHULL, B91 3QG
Incorporated 13/09/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Saleem Sattar

secretary · Since 02/03/2021

Mr Stephen Anthony Clutterbuck

director · Since 02/03/2021

BUSINESS CONSULTANT

BRITISH · ENGLAND · Age 65

Also on 3 other boards

Persons with Significant Control

Mhp Dxb Limited

75–100% votes
Appoint directors

Corner Oak, 1 Homer Road, Solihull, B91 3QG

Reg: 12969605 · Companies House · Private Limited Company

Notified 02/03/2021

Former PSCs

Mrs Ravinder Kaur Bhandal

Ceased 02/03/2021

Mr Charanjit Singh Bhandal

Ceased 02/03/2021

CompanyRankvs 882+ SIC 47730 peers
66

Financial strength79th percentile among SIC peers · 20/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.15× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength20/25 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.

Liquidity12/20 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

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

Going Concern Doubt

a review of the company's future as and when the sale of this pharmacy progresses. This indicates that a material uncertainty exists that may cast doubt on the company's ability to continue as a going concern. Principal activity and turnover The principal activity of the company is that of providing retail and wholesale of pharmaceutical supplies. Turnover is measured at the fair value of the cons

Key FinancialsYear ending 31/03/2024

Net Worth

£350k

Balance sheet strength

Cash

£94k

Cash in the bank

Net Current Assets

£94k

Working capital

Current Assets

£721k

Current Liabilities

£627k

Fixed Assets

£281k

Debtors

£557k

22avg. employees+2

Tax at Year End(2022)

Corp tax£169k
Dividends paid£1.9M

People Costs(2022)

Wages & salaries£323k
NI contributions£19k

Balance Sheet

Intangible assets£241k
Assets less current liabilities£375k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.15-£158k
20231.19-£269k
20221.44-£1.1M
20211.60-£1.7M
20202.13

Derived from filed accounts. Not audited figures.