Back to search

Southgate Medical Ltd

08963906

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

88 Crown Lane, London, N14 5EN
Incorporated 27/03/2014

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 07/12/2025

Due 21/12/2026

On track

Industry

47730
Dispensing chemist in specialised stores

Officers

Bhavin Shah

director · Since 07/12/2021

British · England · Age 47

Shreyaskumar Shaileshkumar Patel

director · Since 07/12/2021

British · England · Age 44

Former

Nalin Lalji Shah

director · Resigned 30/11/2018

Vinay Lalji Shah

director · Resigned 30/11/2018

Paresh Rasiklal Sangani

director · Resigned 07/12/2021

Ashishkumar Babulal Patel

director · Resigned 01/05/2026

Chirag Jagdishchandra Jansari

director · Resigned 01/05/2026

Persons with Significant Control

Abc's Pharma Ltd

75–100% shares
75–100% votes

23, Arbroath Green, Watford, WD19 7QT

Reg: 13431016 · England And Wales · Private Company Limited By Shares

Notified 07/12/2021

Former PSCs

K. Waterhouse Limited

Ceased 30/11/2018

Wellcare Medical (Uk) Limited

Ceased 07/12/2021

Charges7 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 31/03/2022Registered 31/03/2022
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 31/03/2022Registered 31/03/2022
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 07/12/2021Registered 13/12/2021
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 07/12/2021Registered 09/12/2021
Charge
outstanding

LLOYDS BANK PLC

Created 30/11/2018Registered 04/12/2018
Charge
outstanding

LLOYDS BANK PLC

Created 30/11/2018Registered 04/12/2018
Charge
outstanding

LLOYDS BANK PLC

Created 30/11/2018Registered 04/12/2018

Change History

officer appointedPATEL, Shreyaskumar Shaileshkumar
2026-06-05
officer appointedSHAH, Bhavin
2026-06-05
statusactive
2026-06-05

Active

typeltd
2026-06-05

Private Limited Company

address line188 Crown Lane
2026-06-05

88 CROWN LANE

post townLondon
2026-06-05

LONDON

CompanyRankvs 925+ SIC 47730 peers
66

Financial strength74th percentile among SIC peers · 19/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.34× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength19/25 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.

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 31/03/2025

Net Worth

£216k

Balance sheet strength

Cash

£35k

Cash in the bank

Net Current Assets

£211k

Working capital

Current Assets

£369k

Current Liabilities

£158k

Fixed Assets

£5k

Debtors

£287k

6avg. employees-1

Tax at Year End(2021)

Corp tax£31k

Director Loans(2021)

Company owes directors£6k

Balance Sheet

Intangible assets£1
Assets less current liabilities£216k
Signed by Mr Bhavinkumar Ratilal Shah 4 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.34+£127k
20241.31+£8k
20231.33-£3k
20211.92+£21k
20211.29-£482
20201.28-£6k
20191.45

Derived from filed accounts. Not audited figures.