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Merchiston Pharma Limited

14485895

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 8 outstanding charges (-10)

Details

HAWTHORN PHARMACY, SWINDON, SN2 1AE
Incorporated 15/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Dipesh Himanshu Patel

director · Since 15/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 5 other boards

Mr Himesh Himanshu Patel

director · Since 15/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 5 other boards

Mr Priesh Janak Patel

director · Since 15/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 4 other boards

Mr Sunil Patel

director · Since 15/11/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Charges8 outstanding

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CompanyRankvs 3490+ SIC 47730 peers
37

Financial strength50th percentile among SIC peers · 13/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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3490Merchiston Pharma Limited
46
How is this score calculated?
Financial strength13/25 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.

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.

Longevity4/15 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 31/08/2024

Net Worth

£17k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£355k

Working capital

Current Assets

£237k

Current Liabilities

£592k

Fixed Assets

£1.0M

Debtors

£196k

13avg. employees

Balance Sheet

Intangible assets£718k
Bank loans & overdrafts£663k
Assets less current liabilities£679k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20240.40

Derived from filed accounts. Not audited figures.