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Bare Pharmacy Limited

04234050

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

BARE PHARMACY 45 PRINCES CRESCENT, MORECAMBE, LA4 6BY
Incorporated 13/06/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Mrs Bina Manish Gadani

director · Since 17/04/2018

DIRECTOR

BRITISH · ENGLAND · Age 56

Mr Manish Arun Harilal Gadani

director · Since 17/04/2018

DIRECTOR

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Rinik Pharm Limited

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

Cash's Business Centre, 228 Widdrington Road, Coventry, CV1 4PB

Reg: 11124679 · Companies House · Private Company Limited By Shares

Notified 17/04/2018

Former PSCs

Dorothy Sybil Mary Mckenzie

Ceased 17/04/2018

John Ferguson Mckenzie

Ceased 17/04/2018

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 18/08/2022Registered 22/08/2022
Charge
outstanding

BARCLAYS BANK PLC

Created 17/04/2018Registered 24/04/2018

CompanyRankvs 1512+ SIC 47730 peers
58

Financial strength21th percentile among SIC peers · 5/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.37× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength5/25 pts

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

Employees13/15 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

£100

Balance sheet strength

Cash

£96k

Cash in the bank

Net Current Assets

£283k

Working capital

Current Assets

£489k

Current Liabilities

£206k

Fixed Assets

£9k

Debtors

£342k

13avg. employees+3

Balance Sheet

Assets less current liabilities£292k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.37
20241.95
20231.70
20221.97+£50k
20213.62
20203.09
20193.56

Derived from filed accounts. Not audited figures.