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Medichem (Wibsey) Limited

07577752

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

WIBSEY MEDICAL CENTRE, BRADFORD, BD6 1TD
Incorporated 24/03/2011

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 29/01/2026

Due 12/02/2027

On track

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Wajaat Ahmed

director · Since 05/02/2021

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 8 other boards

Persons with Significant Control

A&T Healthcare Ltd

75–100% shares
75–100% votes

67, St. Gregory Road, Preston, PR1 6YA

Reg: 12835653 · England And Wales · Private Limited Company

Notified 05/02/2021

Former PSCs

Mr Rajeev Dhand

Ceased 05/02/2021

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC (CRN: 00002065)

Created 05/02/2021Registered 10/02/2021
Charge
outstanding

LLOYDS BANK PLC (CRN: 00002065)

Created 05/02/2021Registered 10/02/2021
Charge
outstanding

LLOYDS BANK PLC (CRN: 2065)

Created 05/02/2021Registered 10/02/2021

CompanyRankvs 3532+ SIC 47730 peers
35

Financial strength2th percentile among SIC peers · 1/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.29× · 2/20
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.

Employees12/15 pts

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

Liquidity2/20 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 31/01/2025

Net Worth

-£164k

Balance sheet strength

Cash

£100k

Cash in the bank

Net Current Assets

-£892k

Working capital

Current Assets

£367k

Current Liabilities

£1.3M

Fixed Assets

£728k

Debtors

£228k

10avg. employees

Tax at Year End(2021)

Corp tax£29k

Balance Sheet

Intangible assets£600k
Assets less current liabilities-£164k
Signed by Mr Wajaat Ahmed 12/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.29-£219k
20240.26-£175k
2023+£153k
2022-£243k
20211.97+£109k
20191.66+£33k
20181.55

Derived from filed accounts. Not audited figures.