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Pharmsmart Limited

07757402

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

83-85 Baker Street, London, W1U 6AG
Incorporated 31/08/2011

Previously known as

Growbiz Limited · until 14/02/2013

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 31/08/2025

Due 14/09/2026

On track

Industry

70229
Management consultancy activities

Officers

Mr Hatul Bharat Kumar Shah

director · Since 07/09/2011

PHARMACIST

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Mr Hatul Bharat Kumar Shah

secretary · Since 07/09/2011

Also on 2 other boards

Mr Alakh Rameshchandra Patel

director · Since 15/02/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Mr Rikin Bhupendra Patel

director · Since 15/02/2013

PHARMACIST

BRITISH · UNITED KINGDOM · Age 50

Also on 7 other boards

Hatul Bharat Kumar Shah

director · Since 07/09/2011

British · England · Age 47

Hatul Bharat Kumar Shah

secretary · Since 07/09/2011

Alakh Rameshchandra Patel

director · Since 15/02/2013

British · United Kingdom · Age 50

Rikin Bhupendra Patel

director · Since 15/02/2013

British · United Kingdom · Age 50

Former

Andrew Simon Davis

director · Resigned 07/09/2011

Bhavin Manish Shah

director · Resigned 13/02/2013

Persons with Significant Control

Mr Alakh Rameshchandra Patel

50–75% shares

British · United Kingdom · Age 50

C/O Carter, Chemist, Pinner, HA5 3JF

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 30/11/2022Registered 01/12/2022
Charge
outstanding

LLOYDS BANK PLC

Created 30/11/2022Registered 01/12/2022
Charge
outstanding

LLOYDS BANK PLC

Created 29/11/2022Registered 30/11/2022
Charge
outstanding

SANTANDER UK PLC

Created 11/12/2013Registered 14/12/2013
Charge
outstanding

SANTANDER UK PLC

Created 11/12/2013Registered 14/12/2013

Change History

officer appointedSHAH, Hatul Bharat Kumar
2026-08-19
officer appointedPATEL, Alakh Rameshchandra
2026-08-19
officer appointedPATEL, Rikin Bhupendra
2026-08-19
officer appointedSHAH, Hatul Bharat Kumar
2026-08-19
statusactive
2026-08-19

Active

typeltd
2026-08-19

Private Limited Company

address line183-85 Baker Street
2026-08-19

83-85 BAKER STREET

post townLondon
2026-08-19

LONDON

CompanyRankvs 72726+ SIC 70229 peers
51

Financial strength1th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.85× · 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 strength0/25 pts

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

Employees15/15 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 31/08/2025

Net Worth

-£291k

Balance sheet strength

Cash

£96k

Cash in the bank

Net Current Assets

£155k

Working capital

Current Assets

£336k

Current Liabilities

£181k

Fixed Assets

£5k

Debtors

£125k

Profit After Tax

-£34k

7avg. employees-2

Balance Sheet

Intangible assets£0
Bank loans & overdrafts£473k
Assets less current liabilities£160k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.85-£2k
20242.05-£34k
20232.08

Derived from filed accounts. Not audited figures.