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Achieve Pharma Uk Limited

06751116

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

10 STATION ROAD, HENLEY-ON-THAMES, RG9 1AY
Incorporated 17/11/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Richard Alistair Balfour Stewart

director · Since 17/11/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 4 other boards

Mr Jerry Wan

director · Since 21/08/2024

PRINCIPAL ACCOUNTING OFFICER

CANADIAN · CANADA · Age 44

Persons with Significant Control

Achieve Life Sciences, Inc.

75–100% shares
75–100% votes

Suite 2250, 520 Pike Street, Seattle, WA 98101

Reg: 95-4343413 · Delaware · Corporation

Notified 01/08/2017

Former PSCs

Anthony Clarke

Ceased 01/08/2017

Richard Alistair Balfour Stewart

Ceased 01/08/2017

CompanyRankvs 1390+ SIC 72190 peers
64

Financial strength98th percentile among SIC peers · 25/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees13/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to note 1.2 in the financial statements, which indicates that the ultimate parent company is unable to guarantee it will be in a position to provide support to Achieve

Key FinancialsYear ending 31/12/2023

Net Worth

£3.3M

Balance sheet strength

Cash

£159k

Cash in the bank

Profit Before Tax

-£535k

Bottom line earnings

Net Current Assets

-£54k

Working capital

Current Assets

£823k

Current Liabilities

£876k

Fixed Assets

£5k

Debtors

£663k

Admin Expenses

£2.6M

Profit After Tax

-£535k

5avg. employees+1

Balance Sheet

Assets less current liabilities-£48k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20230.94+£0
20211.98+£2.3M
20200.03+£0
20190.05+£0
20180.15

Derived from filed accounts. Not audited figures.