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Daychem Ltd

07689509

active
ltd
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

482 Sutton Road, Walsall, WS5 3AZ
Incorporated 01/07/2011

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 24/10/2025

Due 07/11/2026

On track

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Jaspal Singh Rahania

director · Since 01/07/2011

PHARMACIST

BRITISH · ENGLAND · Age 46

Also on 7 other boards

Mr Ricky Rahania

director · Since 01/07/2011

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 2 other boards

Jaspal Singh Rahania

director · Since 01/07/2011

British · England · Age 46

Ricky Rahania

director · Since 01/07/2011

British · England · Age 41

Former

Rakesh Kumar Saroy

director · Resigned 29/10/2024

Persons with Significant Control

Daychem Group Limited

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

482, Sutton Road, Walsall, WS5 3AZ

Reg: 16034834 · Companies House · Private Company Limited By Shares

Notified 29/10/2024

Former PSCs

Mr Jaspal Singh Rahania

Ceased 29/10/2024

Mr Ricky Rahania

Ceased 29/10/2024

Mr Rakesh Kumar Saroy

Ceased 29/10/2024

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 28/07/2023Registered 01/08/2023
Charge
satisfied

LLOYDS BANK PLC

Created 07/09/2020Registered 08/09/2020Satisfied 24/02/2026
Charge
outstanding

LLOYDS BANK PLC

Created 01/03/2019Registered 18/03/2019
Charge
satisfied

LLOYDS BANK PLC

Created 01/03/2019Registered 18/03/2019Satisfied 28/09/2023
charge
outstanding

RESOURCE PARTNERS SPV LIMITED

Created 20/03/2012Registered 22/03/2012

Change History

statusactive
2026-07-28

Active

typeltd
2026-07-28

Private Limited Company

address line1482 Sutton Road
2026-07-28

482 SUTTON ROAD

post townWalsall
2026-07-28

WALSALL

officer appointedRAHANIA, Jaspal Singh
2026-07-28
officer appointedRAHANIA, Ricky
2026-07-28

CompanyRankvs 774+ SIC 47730 peers
72

Financial strength86th percentile among SIC peers · 22/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.91× · 16/20
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 strength22/25 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.

Liquidity16/20 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 28/02/2025

Net Worth

£639k

Balance sheet strength

Cash

£104k

Cash in the bank

Net Current Assets

£594k

Working capital

Current Assets

£1.2M

Current Liabilities

£652k

Fixed Assets

£61k

Debtors

£1.0M

Profit After Tax

£21k

17avg. employees+3

Tax at Year End

Corp tax£11k

Balance Sheet

Assets less current liabilities£654k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.91+£21k
20241.87+£8k
20231.80

Derived from filed accounts. Not audited figures.