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Genesis Pharmaceuticals Limited

03850289

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

SCOTTISH PROVIDENT HOUSE 3RD FLOOR, HARROW, HA1 1BQ
Incorporated 29/09/1999

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/03/2026

Due 19/03/2027

On track

Industry

46460
Wholesale of pharmaceutical goods

Officers

Nilesh Prataprai Mehta

secretary · Since 29/09/1999

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 7 other boards

Mr Nilesh Prataprai Mehta

director · Since 29/09/1999

DIRECTOR

BRITISH · MONACO · Age 63

Mr David Louis Charles Solomon

director · Since 29/09/1999

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 11 other boards

Mr Patrick Anthony Kingsford Chubb

director · Since 01/10/2010

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 69

Persons with Significant Control

Mr David Louis Charles Solomon

50–75% shares
50–75% votes

British · United Kingdom · Age 55

Scottish Provident House, 3rd Floor, Harrow, HA1 1BQ

Notified 30/12/2022

Former PSCs

Genethics Europe Limited

Ceased 30/12/2022

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 13/05/2016Registered 17/05/2016
charge
outstanding

BARCLAYS BANK PLC

Created 12/07/2012Registered 19/07/2012
charge
satisfied

A & P BOLDING LIMITED

Created 27/01/2005Registered 29/01/2005Satisfied 17/08/2023
charge
outstanding

BARCLAYS BANK PLC

Created 07/09/2004Registered 16/09/2004
charge
satisfied

NMB-HELLER LIMITED

Created 28/03/2002Registered 17/04/2002Satisfied 15/10/2016
charge
satisfied

THE ROYAL BANK OF SCOTLAND INTERNATIONAL LIMITED

Created 21/08/2001Registered 22/08/2001Satisfied 17/08/2023

CompanyRankvs 210+ SIC 46460 peers
60

Financial strength95th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.12× · 12/20
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 strength24/25 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£45.1M

Annual revenue

Net Worth

£2.7M

Balance sheet strength

Cash

£195k

Cash in the bank

Profit Before Tax

£324k

Bottom line earnings

Net Current Assets

£1.3M

Working capital

Current Assets

£12.4M

Current Liabilities

£11.1M

Fixed Assets

£1.4M

Debtors

£12.2M

Cost of Sales

£42.8M

Gross Profit

£2.4M

Admin Expenses

£2.1M

Operating Profit

£327k

Profit After Tax

£250k

12avg. employees+1

Tax at Year End

Corp tax£108k

People Costs

Wages & salaries£1.4M
NI contributions£185k

Balance Sheet

Assets less current liabilities£2.7M
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20241.12+£250k
20231.08+£252k
20221.04

Derived from filed accounts. Not audited figures.