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Wards Chemist Ltd

04830475

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

49 COOPERS ROAD, BIRMINGHAM, B20 2JU
Incorporated 11/07/2003

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 11/07/2025

Due 25/07/2026

On track

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Inderdeep Singh Riaar

director · Since 04/10/2024

SELF EMPLOYED

BRITISH · ENGLAND · Age 67

Also on 5 other boards

Mr Jasdeep Singh Riaar

director · Since 04/10/2024

PHARMACIST

BRITISH · ENGLAND · Age 31

Also on 6 other boards

Persons with Significant Control

Riaar Pharma Limted

75–100% shares

12, 12 The Wharf, Birmingham, B1 2JS

Reg: 14817506 · England And Wales · Private Limited Company

Notified 04/10/2024

Former PSCs

Mr Leonard John Morgan

Ceased 01/09/2016

Mrs Diane Gwendoline Scott

Ceased 04/10/2024

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 10/01/2018Registered 12/01/2018Satisfied 07/10/2024
Charge
satisfied

LLOYDS BANK PLC

Created 24/08/2016Registered 24/08/2016Satisfied 07/10/2024
charge
satisfied

HSBC BANK PLC

Created 10/11/2003Registered 11/11/2003Satisfied 19/10/2010

CompanyRankvs 3528+ SIC 47730 peers
49

Financial strength5th percentile among SIC peers · 1/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 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.

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

Key FinancialsYear ending 31/08/2025

Net Worth

-£52k

Balance sheet strength

Cash

£39k

Cash in the bank

Net Current Assets

-£59k

Working capital

Current Assets

£178k

Current Liabilities

£237k

Fixed Assets

£7k

Debtors

£88k

11avg. employees-3

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Intangible assets£4k
Assets less current liabilities-£52k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.75-£20k
20240.99-£63k
20231.24-£48k
20221.58-£43k
20211.63+£23k
20201.36+£11k
20191.37-£40k
20181.71

Derived from filed accounts. Not audited figures.