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Palmers Medical Ltd

08963904

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

PALMERS CHEMIST,, LONDON, N13 4TY
Incorporated 27/03/2014

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 27/03/2026

Due 10/04/2027

On track

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Mentesh Basri Hussein

director · Since 31/01/2020

PHARMACIST

BRITISH · ENGLAND · Age 37

Mr Ilker Hussein

director · Since 03/01/2025

DIRECTOR

BRITISH · ENGLAND · Age 67

Persons with Significant Control

Mr Mentesh Basri Hussein

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

British · England · Age 37

Palmers Chemist,, 325 Green Lanes, London, N13 4TY

Notified 31/01/2020

Former PSCs

K. Waterhouse Limited

Ceased 31/01/2020

CompanyRankvs 989+ SIC 47730 peers
75

Financial strength73th percentile among SIC peers · 18/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.8× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees10/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£206k

Balance sheet strength

Cash

£221k

Cash in the bank

Net Current Assets

£271k

Working capital

Current Assets

£368k

Current Liabilities

£97k

Fixed Assets

£17k

Debtors

£96k

6avg. employees

Balance Sheet

Intangible assets£1
Assets less current liabilities£288k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.80+£10k
20234.66-£1k
20224.20+£104k
20213.01
20202.19
20192.00

Derived from filed accounts. Not audited figures.