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Pharmacy Initiative 3 Limited

03941867

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

63-65 WHITEHORSE ROAD, CROYDON, CR0 2JG
Incorporated 02/03/2000

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 02/03/2026

Due 16/03/2027

On track

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Sanjaykumar Jayantilal Patel

director · Since 03/05/2017

PHARMACIST

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Mr Sanjaykumar Jayantilal Patel

75–100% shares

British · United Kingdom · Age 63

4, Avondale Avenue, Esher, KT10 0DA

Notified 02/05/2017

Former PSCs

Ampharm Limited

Ceased 02/03/2026

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 03/05/2017Registered 04/05/2017
Charge
outstanding

LLOYDS BANK PLC

Created 03/05/2017Registered 04/05/2017
charge
satisfied

SANTANDER UK PLC

Created 31/03/2011Registered 02/04/2011Satisfied 11/05/2017
charge
satisfied

SANTANDER UK PLC

Created 31/03/2011Registered 02/04/2011Satisfied 11/05/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/11/2007Registered 10/11/2007Satisfied 01/06/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/11/2003Registered 05/12/2003Satisfied 01/06/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/11/2003Registered 13/11/2003Satisfied 22/10/2009
charge
satisfied

WATU LIMITED

Created 07/11/2003Registered 12/11/2003Satisfied 22/10/2009

CompanyRankvs 242+ SIC 47730 peers
75

Financial strength91th percentile among SIC peers · 23/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.38× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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242Pharmacy Initiative 3 Limited
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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.

Employees12/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£974k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

£971k

Working capital

Current Assets

£1.4M

Current Liabilities

£408k

Fixed Assets

£7k

Debtors

£1.2M

12avg. employees+1

Balance Sheet

Assets less current liabilities£978k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.38+£42k
20243.71+£79k
20234.03+£69k
20222.82+£132k
20212.54+£178k
20202.46+£91k
20192.21—

Derived from filed accounts. Not audited figures.