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Avalake Limited

07619116

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 6 outstanding charges (-10)

Details

CHESTERFIELD DRIVE PRACTICE, IPSWICH, IP1 6DW
Incorporated 03/05/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Dr Balaji Donepudi

director · Since 08/12/2011

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Dr Eunice Ndunka Uchechuku Ifionu

director · Since 08/12/2011

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Mr Soonick Seow

director · Since 08/12/2011

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 7 other boards

Gillian Lewis

secretary · Since 01/08/2013

Mr Chao Yang Teh

director · Since 21/07/2025

PHARMACIST

MALAYSIAN · ENGLAND · Age 35

Also on 4 other boards

Persons with Significant Control

Mr Soonick Seow

75–100% shares
75–100% votes
Appoint directors

Malaysian · United Kingdom · Age 45

Chesterfield Drive Practice, 29 Chesterfield Drive, Ipswich, IP1 6DW

Notified 06/04/2016

Charges6 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 22/08/2025Registered 22/08/2025
Charge
outstanding

HSBC UK BANK PLC

Created 29/05/2025Registered 29/05/2025
Charge
outstanding

HSBC UK BANK PLC

Created 31/01/2025Registered 31/01/2025
Charge
outstanding

HSBC UK BANK PLC

Created 31/01/2025Registered 31/01/2025
Charge
outstanding

HSBC UK BANK PLC

Created 31/01/2025Registered 31/01/2025
Charge
outstanding

HSBC UK BANK PLC

Created 03/12/2024Registered 04/12/2024
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 29/09/2021Registered 07/10/2021Satisfied 06/02/2025
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 29/09/2021Registered 07/10/2021Satisfied 06/02/2025
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 06/04/2021Registered 13/04/2021Satisfied 06/02/2025

CompanyRankvs 709+ SIC 47730 peers
69

Financial strength91th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.06× · 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 strength23/25 pts

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

Employees14/15 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 31/12/2024

Net Worth

£990k

Balance sheet strength

Cash

£299k

Cash in the bank

Net Current Assets

£133k

Working capital

Current Assets

£2.2M

Current Liabilities

£2.0M

Fixed Assets

£1.3M

Debtors

£1.6M

19avg. employees+3

Tax at Year End

Corp tax£69k

Balance Sheet

Intangible assets£1.2M
Bank loans & overdrafts£456k
Assets less current liabilities£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.06+£50k
20232.45+£179k
20222.31+£97k
20211.95+£89k
20201.06

Derived from filed accounts. Not audited figures.