A1 PHARMACEUTICALS PUBLIC LIMITED COMPANY
📈Growthactive
02690345 · plc · incorporated 1992-02-24
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
£60.10M
year to Apr 2025
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 46460
Sector: Wholesale & retail
Investor take
PursueConservative operator with a 66-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (65/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (78/100).
🏦
Refinance opportunity
6 live charges · 3 lenders · oldest 30.1y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 30.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
9 officers (6 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
139 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £3,430,355
Turnover YoY
+7%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Turnover | £60.10M | £55.98M |
| Gross profit | £7.17M | £6.36M |
| Operating profit | £3.20M | £2.01M |
| Profit before tax | £3.43M | £2.25M |
| Average employees | 5200 | 5000 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
- • 3 persons-with-significant-control
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
- 2026-02-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-12-16📄replacement-filing-of-director-appointment-with-nameofficers · RP01AP01
- 2025-12-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-11-04📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-04📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-04📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-04📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-04📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-11-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-10-31📄accounts-with-accounts-type-fullaccounts · AA
- 2025-01-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-12🔒Charge registered #6Lender: Barclays Security Trustee Limited
- 2024-10-31📄accounts-with-accounts-type-fullaccounts · AA
- 2023-10-31📄accounts-with-accounts-type-fullaccounts · AA
- 2022-12-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-10-31📄accounts-with-accounts-type-fullaccounts · AA
- 2022-09-28➕DANCER, Christopher Stephen appointeddirector
- 2021-10-29📄accounts-with-accounts-type-fullaccounts · AA
- 2020-10-29📄accounts-with-accounts-type-fullaccounts · AA
- 2019-08-01➕LEWIS, Henry Thomas John appointeddirector
- 2019-08-01➕LEWIS, Thomas William appointeddirector
- 2015-09-21🔓Charge satisfied #2
- 2015-09-03🔓Charge satisfied #5
- 2015-09-03🔓Charge satisfied #4
- 2015-09-03🔓Charge satisfied #3
- 2011-08-25🔓Charge satisfied #1
- 2005-06-13🔒Charge registered #5Lender: Barclays Bank PLC
- 2005-06-13🔒Charge registered #4Lender: Barclays Bank PLC
- 2005-06-13🔒Charge registered #3Lender: Barclays Bank PLC
- 2002-07-18🔒Charge registered #2Lender: Barclays Bank PLC
- 2001-11-13➖MAXIM, Barry William resigneddirector
- 1996-04-22🔒Charge registered #1Lender: Tsb Commercial Finance Limited
- 1995-05-01➕MAXIM, Barry William appointeddirector
- 1992-03-04➖M & N SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1992-03-04➖GUARDHEATH SECURITIES LIMITED resignedcorporate-nominee-director
- 1992-02-24🏢Company incorporatedAs A1 PHARMACEUTICALS PUBLIC LIMITED COMPANY
- 1992-02-24➕M & N SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1992-02-24➕GUARDHEATH SECURITIES LIMITED appointedcorporate-nominee-director
Owner dependency
63/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 66 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- secondaryStable-but-static management: Company is 34 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
A1 Pharmaceuticals Holding Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
A1 Pharmaceuticals Holding Limited
Corporate parent · holds 75-100% shares · board control
⬇
A1 PHARMACEUTICALS PUBLIC LIMITED COMPANY
This company · 02690345
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
A1 Pharmaceuticals Holding Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 12/12/2025 |
2 historic (ceased) PSCs
- Mr Gary Stephen Lewisceased 01/08/2016· 25-50% shares
- Mrs Carmen Lewisceased 01/08/2016· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Wholesale & distribution · RM postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 PERCENT CLUB CLOTHING LTD→ 15752254 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1609 CONCEPTS LTD→ 12778417 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 1935 LIMITED→ 15963936 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1ST KIDS WHOLESALE LIMITED→ 12118394 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 23HOUSE LIMITED→ 16768658 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3 CHEEZS LIMITED→ 11443866 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 3 FS EMPIRE LTD→ 13177856 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 4 ALL LTD→ 11471619 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 4 COFFEE LOUNGE LTD→ 12605369 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 4D SPARK AND STYLES LTD→ 16963786 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 5 GATEWAYS LTD→ 15166570 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 5STAR QUALITY PRODUCE LIMITED→ 15485615 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeplc
Incorporated1992-02-24
Jurisdictionengland-wales
Primary SIC46460 — SIC 46460
Registered office
Unit 20 & 21 Easter Industrial
Park, Ferry Lane South
Rainham
Essex
RM13 9BP
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-08-02
Last: 2025-07-19
Officers (6 active · 3 resigned)
Active
DANCER, Christopher Stephen→
Activedirector · ~49y · appointed 2022-09-28
View their other companies + combined net worth →
Active
Active
LEWIS, Henry Thomas John→
Activedirector · ~38y · appointed 2019-08-01
View their other companies + combined net worth →
LEWIS, Thomas William→
Activedirector · ~37y · appointed 2019-08-01
View their other companies + combined net worth →
M & N SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1992-02-24 · resigned 1992-03-04
MAXIM, Barry William→
Resigneddirector · ~88y · appointed 1995-05-01 · resigned 2001-11-13
GUARDHEATH SECURITIES LIMITED→
Resignedcorporate-nominee-director · appointed 1992-02-24 · resigned 1992-03-04
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
1
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 12/01/2025 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 13/06/2005 | 03/09/2015 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 13/06/2005 | 03/09/2015 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 13/06/2005 | 03/09/2015 | |
| satisfied | Barclays Barclays Bank PLC | All assets debenture | 1 property | 18/07/2002 | 21/09/2015 | |
| satisfied | Lloyds Banking Group Tsb Commercial Finance Limited | Debenture | 1 property | 22/04/1996 | 25/08/2011 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (139 total)
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-16
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2025-12-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-12
change-person-director-company-with-change-date
officers · CH01
2025-11-04
change-person-director-company-with-change-date
officers · CH01
2025-11-04
change-person-director-company-with-change-date
officers · CH01
2025-11-04
change-person-director-company-with-change-date
officers · CH01
2025-11-04
change-person-secretary-company-with-change-date
officers · CH03
2025-11-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-04
accounts-with-accounts-type-full
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-14
accounts-with-accounts-type-full
accounts · AA
2024-10-31