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Abell Chemist Limited

04795839

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

METROLINE HOUSE, HARROW, HA1 1BQ
Incorporated 11/06/2003

Compliance

Last accounts

30/06/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 09/05/2026

Due 23/05/2027

On track

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Mustafa Mohamed Hemani

director · Since 14/03/2012

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 4 other boards

Mr Mohammed Sameer Kassam

director · Since 23/05/2016

BUSINESSMAN

BRITISH · ENGLAND · Age 35

Also on 2 other boards

Mr Shabbir Kassam

director · Since 27/06/2017

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 2 other boards

Persons with Significant Control

Mr Shabbir Kassam

Significant control

British · England · Age 68

Metroline House, 118-122 College Road, Harrow, HA1 1BQ

Notified 30/06/2016

Charges1 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 12/02/2018Registered 14/02/2018Satisfied 12/03/2026
Charge
outstanding

LLOYDS BANK PLC

Created 24/01/2018Registered 24/01/2018

CompanyRankvs 3630+ SIC 47730 peers
38

Financial strength2th percentile among SIC peers · 1/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.72× · 6/20
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 strength1/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 30/06/2024

Net Worth

-£186k

Balance sheet strength

Cash

£141k

Cash in the bank

Net Current Assets

-£160k

Working capital

Current Assets

£421k

Current Liabilities

£581k

Fixed Assets

£334k

Debtors

£203k

9avg. employees-1

Tax at Year End

Corp tax£33k

Director Loans

Company owes directors£101k
Directors owe company£2k

Balance Sheet

Intangible assets£279k
Assets less current liabilities£174k
Signed by Mr Shabbir Kassam 28/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.72-£71k
20230.77-£98k
20220.80+£6k
20210.63-£5k
20200.63+£11k
20190.48-£20k
20180.31

Derived from filed accounts. Not audited figures.