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Mim Pharmacy Limited

04776327

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

118 NORTH STREET, ROMFORD, RM1 1DL
Incorporated 23/05/2003

Compliance

Last accounts

31/03/2024

micro entity

Next accounts due

31/03/2026

Overdue

Confirmation statement

Last: 01/04/2026

Due 15/04/2027

On track

Industry

86900
Other human health activities

Officers

Mr Sahibur Ahmed

director · Since 22/02/2022

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Mr Chetankumar Jivanbhai Mistry

director · Since 22/02/2022

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mims Health Limited

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

53, Primrose Avenue, Romford, RM6 4PS

Reg: 13550957 · Companies House · Limited Company

Notified 22/02/2022

Former PSCs

Mr Tariq Mahmood

Ceased 22/02/2022

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 06/01/2023Registered 09/01/2023
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 15/12/2022Registered 20/12/2022Satisfied 17/01/2023
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 09/12/2021Registered 14/12/2021

CompanyRankvs 430+ SIC 86900 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.2× · 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 strength25/25 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.

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 31/03/2024

Net Worth

£742k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£293k

Working capital

Current Assets

£349k

Current Liabilities

£56k

Fixed Assets

£450k

10avg. employees+6

Balance Sheet

Assets less current liabilities£742k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20246.20+£94k
20233.56+£91k
202210.68+£56k
20215.33+£149k
20204.42+£50k
20195.14—

Derived from filed accounts. Not audited figures.