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Faith Pharma Ltd

13145394

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

RESOLUTION HOUSE, LEEDS, LS1 5DQ
Incorporated 20/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Gagan Kumar Jairath

director · Since 20/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 5 other boards

Mr Zaheer Mohammed

director · Since 20/01/2021

COMPANY SECRETARY/DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 4 other boards

Persons with Significant Control

Ergenix Ltd

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

16-20, St. Augustines Gate, Hull, HU12 8EX

Reg: 13145253 · Companies House · Limited By Shares

Notified 29/03/2021

Former PSCs

Mr Gagan Kumar Jairath

Ceased 29/03/2021

Mr Zaheer Mohammed

Ceased 29/03/2021

Charges3 outstanding

Charge
outstanding

RXB SPV LIMITED

Created 15/05/2023Registered 17/05/2023
Charge
outstanding

RX BRIDGE LIMITED

Created 04/08/2021Registered 04/08/2021
Charge
outstanding

HSBC UK BANK PLC

Created 11/05/2021Registered 12/05/2021

CompanyRankvs 15+ SIC 47730 peers
22

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.41× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Longevity5/15 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 31/12/2023

Net Worth

£69k

Balance sheet strength

Cash

£243

Cash in the bank

Net Current Assets

£336k

Working capital

Current Assets

£1.1M

Current Liabilities

£811k

Fixed Assets

£5k

Debtors

£961k

18avg. employees-4

Tax at Year End

Corp tax£117k

Balance Sheet

Bank loans & overdrafts£86k
Assets less current liabilities£341k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20231.41+£6k
20221.49+£40k
20211.73

Derived from filed accounts. Not audited figures.