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Bridge Road 1 Ltd

11223444

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

OFFICE 1, WALSALL, WS4 2LA
Incorporated 23/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Mithun Makwana

director · Since 23/02/2018

PHARMACIST

BRITISH · UNITED KINGDOM · Age 39

Mr Priyesh Parmar

director · Since 20/08/2018

ACCOUNTANT

BRITISH · ENGLAND · Age 34

Persons with Significant Control

Mr Mithun Makwana

75–100% shares
25–50% votes

British · United Kingdom · Age 39

Office 1, 21 Hatherton Street, Walsall, WS4 2LA

Notified 23/02/2018

Mr Priyesh Parmar

25–50% votes

British · England · Age 34

Office 1, 21 Hatherton Street, Walsall, WS4 2LA

Notified 23/02/2018

Charges4 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 28/08/2025Registered 29/08/2025
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 28/09/2023Registered 29/09/2023
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 28/09/2023Registered 29/09/2023
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 30/05/2023Registered 31/05/2023
Charge
satisfied

LLOYDS BANK PLC

Created 20/12/2018Registered 24/12/2018Satisfied 29/09/2023
Charge
satisfied

LLOYDS BANK PLC

Created 13/09/2018Registered 13/09/2018Satisfied 29/09/2023

CompanyRankvs 2837+ SIC 47730 peers
46

Financial strength58th percentile among SIC peers · 14/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.61× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength14/25 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.

Longevity8/15 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

£46k

Balance sheet strength

Cash

£42k

Cash in the bank

Net Current Assets

-£225k

Working capital

Current Assets

£345k

Current Liabilities

£570k

Fixed Assets

£1.0M

Debtors

£204k

13avg. employees+1

Balance Sheet

Intangible assets£1.0M
Assets less current liabilities£817k
Signed by Mr Mithun Makwana 10/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.61-£33k
20240.65+£2k
20230.66

Derived from filed accounts. Not audited figures.