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Durachem Ltd

06577514

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

6 IVEL COURT, LETCHWORTH GARDEN CITY, SG6 2NH
Incorporated 28/04/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Asvin Vrajpal Shah

director · Since 30/12/2008

PHARMACIST

BRITISH · UNITED KINGDOM · Age 78

Mr Kirit Vrajpar Shah

director · Since 09/02/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 4 other boards

Mr Sachin Kirit Shah

director · Since 14/01/2025

PHARMACIST

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Mr Sachin Kirit Shah

25–50% shares
25–50% votes
Appoint directors

British · England · Age 38

6, Ivel Court, Letchworth Garden City, SG6 2NH

Notified 01/11/2021

Former PSCs

Mr Venichand Ranmal Harania

Ceased 14/01/2025

Charges1 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 22/01/2014Registered 11/02/2014Satisfied 07/01/2020
charge
satisfied

AAH PHARMACEUTICALS LIMITED AND BARCLAY PHARMACEUTICALS LIMITED

Created 19/03/2009Registered 03/04/2009Satisfied 22/07/2015
charge
outstanding

LLOYDS TSB BANK PLC

Created 02/03/2009Registered 04/03/2009
charge
satisfied

LLOYDS TSB BANK PLC

Created 02/03/2009Registered 04/03/2009Satisfied 02/03/2023

CompanyRankvs 259+ SIC 47730 peers
75

Financial strength86th percentile among SIC peers · 22/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.22× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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259Durachem Ltd
85
How is this score calculated?
Financial strength22/25 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 30/04/2025

Net Worth

£631k

Balance sheet strength

Cash

£330k

Cash in the bank

Net Current Assets

£323k

Working capital

Current Assets

£589k

Current Liabilities

£266k

Fixed Assets

£313k

Debtors

£201k

13avg. employees

Balance Sheet

Intangible assets£275k
Assets less current liabilities£636k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20252.22+£29k
20241.95+£35k
20231.81+£55k
20222.14-£246k
20213.39—

Derived from filed accounts. Not audited figures.