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Medicine First Ltd

11810514

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

119 HAZELHURST ROAD, BIRMINGHAM, B14 6AG
Incorporated 06/02/2019

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 28/10/2025

Due 11/11/2026

On track

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Davinder Singh Bhamra

director · Since 06/02/2019

PHARMACIST

BRITISH · UNITED KINGDOM · Age 59

Mr Amritpal Singh Sandhu

director · Since 06/02/2019

PHARMACIST

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Persons with Significant Control

Mr Amritpal Singh Sandhu

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 42

119, Hazelhurst Road, Birmingham, B14 6AG

Notified 06/02/2019

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 16/09/2022Registered 26/09/2022
Charge
outstanding

LLOYDS BANK PLC

Created 04/11/2020Registered 10/11/2020
Charge
outstanding

LLOYDS BANK PLC

Created 04/11/2020Registered 09/11/2020

CompanyRankvs 1805+ SIC 47730 peers
55

Financial strength69th percentile among SIC peers · 17/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.18× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees14/15 pts

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

Liquidity12/20 pts

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

Longevity7/15 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 30/06/2025

Net Worth

£146k

Balance sheet strength

Cash

£37k

Cash in the bank

Net Current Assets

£62k

Working capital

Current Assets

£399k

Current Liabilities

£337k

Fixed Assets

£1.4M

Debtors

£254k

20avg. employees

Balance Sheet

Intangible assets£1.4M
Assets less current liabilities£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.18+£0
20251.18-£62k
20241.35-£69k
20231.29+£47k
20224.73
20214.62
20201.99

Derived from filed accounts. Not audited figures.