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Mychem Limited

05808843

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

12A EAST STREET, MALDON, CM9 8QD
Incorporated 08/05/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46460
Wholesale of pharmaceutical goods
47730
Dispensing chemist in specialised stores

Officers

Mr Gurvinder Singh Bhatia

director · Since 08/01/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Persons with Significant Control

Mr Gurvinder Singh Bhatia

75–100% shares

British · England · Age 51

12a, East Street, Maldon, CM9 8QD

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 26/09/2008Registered 10/10/2008

CompanyRankvs 712+ SIC 46460 peers
54

Financial strength77th percentile among SIC peers · 19/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.4× · 12/20
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 strength19/25 pts

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

Employees3/15 pts

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

Liquidity12/20 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 31/05/2025

Net Worth

£97k

Balance sheet strength

Cash

£87k

Cash in the bank

Net Current Assets

£95k

Working capital

Current Assets

£336k

Current Liabilities

£240k

Fixed Assets

£15k

Debtors

£158k

0avg. employees-7

Balance Sheet

Bank loans & overdrafts£13k
Assets less current liabilities£110k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.40-£25k
20241.55-£63k
20231.96-£96k
20222.38+£38k
20212.26

Derived from filed accounts. Not audited figures.