Company Overview
As Pharmacies Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 13 October 2016, so this is a well established company. As Pharmacies Ltd has been in business for 9 years and 5 months. The accounts status is unaudited abridged and the accounts are next due on Friday 31 July 2026.
Registered Address

6 Minard Road, Glasgow, G41 2HN
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Companies House Data
Company NameAS PHARMACIES LTD
Company NumberSC547747
Registered Office Address6 Minard Road
 G41 2HN
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date13/10/2016
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2026
Accounts Last Made Up Date31/10/2024
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date10/11/2017
Directors & Members
Show Resigned
Mohammed Sheikh - Director
(British, 44 years old, born August 1982)
Appointed 24 November 2016
 Active
Azhar Sheikh - Director
(British, 36 years old, born February 1990)
Appointed 24 November 2016
 Active
Shehla Sheikh - Director
(British, 66 years old, born August 1960)
Appointed 24 November 2016
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Mohammed Sheikh
SHEIKH HEALTHCARE LTD
Azhar Sheikh
AZHAR SHEIKH LTD
SHEIKH HEALTHCARE LTD
WELLCARE PROPERTIES LTD
Shehla Sheikh
WELLCARE PROPERTIES LTD
Balance Sheet Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Balance Sheet
Fixed Assets 367,322 367,322 396,391
Current Assets 218,041 218,041 211,642
Creditors Due Within One Year 474,112 474,112 489,158
Working Cap -256,071 -256,071 -277,516
Total Assets Less Current Liabilities 111,251 111,251 118,875
Long-term Liabilities 110,251 110,251 117,875
Net Assets 1,000 1,000 1,000
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1,000 1,000 1,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Tangible Fixed Assets - - -
Fixed Assets 62.8% 62.8% 65.2%
Stocks Inventory - - -
Debtors 23.2% 23.2% 18.3%
Cash Bank In Hand 10.1% 10.1% 12.1%
Current Assets 37.2% 37.2% 34.8%
Creditors Due Within One Year 81.0% 81.0% 80.4%
Net Current Assets Liabilities -43.7% -43.7% -45.6%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 0.2% 0.2% 0.2%
Capital Employed - - -
Total Assets Less Current Liabilities 19.0% 19.0% 19.6%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Liquidity Ratio 0.5 0.5 0.4
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Assets 585,363 585,363 608,033
Debt 584,363 584,363 607,033
Net Assets/Debt 1,000 1,000 1,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 17 November 2025 with no updates
Confirmation statement made on 11 December 2024 with no updates
Confirmation statement made on 11 December 2023 with no updates
Termination of appointment of Mohamed Asim Sheikh as a director on 26 June 2023
Confirmation statement made on 11 December 2022 with no updates
Confirmation statement made on 11 October 2022 with no updates
Director's details changed for Mr Mohamed Asim Sheikh on 11 December 2021
Confirmation statement made on 11 December 2021 with no updates
Confirmation statement made on 11 December 2020 with no updates
Confirmation statement made on 11 December 2019 with no updates
Confirmation statement made on 11 December 2018 with no updates
Confirmation statement made on 19 December 2017 with no updates
Registered office address changed from 6 T/a Wellcare Pharmacy Minard Road Glasgow G41 2HN Scotland to 6 Minard Road Glasgow G41 2HN on 6 February 2017
Registered office address changed from 32B Dalkeith Avenue Glasgow G41 5BN Scotland to 6 T/a Wellcare Pharmacy Minard Road Glasgow G41 2HN on 6 February 2017
Confirmation statement made on 19 December 2016 with updates
Confirmation statement made on 24 November 2016 with updates
Statement of capital following an allotment of shares on 24 November 2016
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