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Mk Pharma Limited

08737318

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

49 BRACE STREET, WALSALL, WS1 3PS
Incorporated 17/10/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Idris Karimjee

director · Since 17/10/2013

DIRECTOR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr Idris Karimjee

75–100% shares

British · England · Age 37

49, Brace Street, Walsall, WS1 3PS

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

WESLEYAN BANK LIMITED

Created 15/01/2018Registered 17/01/2018
Charge
outstanding

WESLEYAN BANK LIMITED

Created 08/01/2018Registered 11/01/2018
Charge
outstanding

WESLEYAN BANK LIMITED

Created 08/01/2018Registered 10/01/2018
Charge
outstanding

WESLEYAN BANK LIMITED

Created 08/01/2018Registered 10/01/2018
Charge
outstanding

WESLEYAN BANK LIMITED

Created 08/01/2018Registered 10/01/2018

CompanyRankvs 1780+ SIC 47730 peers
60

Financial strength90th percentile among SIC peers · 23/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.54× · 6/20
Longevity13 years trading (max 15) · 13/15
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.

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.

Longevity13/15 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

£880k

Balance sheet strength

Cash

£99k

Cash in the bank

Net Current Assets

-£341k

Working capital

Current Assets

£403k

Current Liabilities

£745k

Fixed Assets

£2.1M

Debtors

£273k

13avg. employees+1

Balance Sheet

Intangible assets£1.8M
Assets less current liabilities£1.8M
Signed by 2024-01-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.54+£36k
20230.57—

Derived from filed accounts. Not audited figures.