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Fountain Rx Limited

12875117

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

23 MIDDLETON PARK CIRCUS, MIDDLETON, WEST YORKSHIRE, LS10 4LX
Incorporated 13/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Sola Abuede

director · Since 13/09/2020

PHARMACIST

BRITISH · UNITED KINGDOM · Age 39

Mr Solomon Abuede

director · Since 13/09/2020

PHARMACIST

BRITISH · ENGLAND · Age 42

Also on 4 other boards

Mr Emmanuel Adedeji Fowode

director · Since 13/09/2020

DENTIST

BRITISH · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

Mr Emmanuel Adedeji Fowode

25–50% shares
25–50% votes

British · England · Age 48

23, Middleton Park Circus, Middleton, West Yorkshire, LS10 4LX

Notified 13/09/2020

Solomon Abuede

25–50% shares
25–50% votes

British · United Kingdom · Age 42

23, Middleton Park Circus, Middleton, West Yorkshire, LS10 4LX

Notified 20/11/2020

Sola Abuede

25–50% shares
25–50% votes

British · United Kingdom · Age 39

23, Middleton Park Circus, Middleton, West Yorkshire, LS10 4LX

Notified 20/11/2020

Former PSCs

Sa2 Limited

Ceased 20/11/2020

Charges1 outstanding

Charge
outstanding

RX BRIDGE LIMITED

Created 01/12/2023Registered 01/12/2023

CompanyRankvs 4701+ SIC 47730 peers
24

Financial strength2th percentile among SIC peers · 1/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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4701Fountain Rx Limited
33
How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 pts

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

Longevity6/15 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 31/10/2024

Net Worth

-£217k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£437k

Working capital

Current Assets

£181k

Current Liabilities

£618k

Fixed Assets

£222k

Debtors

£133k

7avg. employees+2

Director Loans

Company owes directors£216k

Balance Sheet

Intangible assets£215k
Assets less current liabilities-£215k
Signed by Solomon Abuede Emmanuel Fowode 22/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.29-£52k
20230.33-£8k
20220.30-£41k
20210.35—

Derived from filed accounts. Not audited figures.