ADA PHARMA LIMITED

🌿Early-stageactive
14648787 · ltd · incorporated 2023-02-08
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
year to Jan 2025
Net worth
£61.5k
book net assets
Opportunity
63/100
Worth a look
🔔
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What this business does
Primary activity: Dispensing chemist in specialised stores
Sector: Wholesale & retail
Investor take
Worth a look
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 63/100 (worth a look), bankability 70/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

8 live charges · 2 lenders · oldest 2.9y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 2.9 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 23/100 — clean.

Data confidence

Overall: high (81/100)

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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
58
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £61,532

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£62k
↑ 1381% YoY
Current Assets
£95k
↓ 46% YoY
Current Liabilities
-£5k£31k£68k£104k£140k£176kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-01-312024-01-31
Total assets£242.6k£310.3k
Current assets£95.4k£176.2k
Net assets£61.5k£-4.8k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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
17
filings
  • 8 mortgage
  • 5 officers
  • 2 persons-with-significant-control
Last 180 days
18
filings
  • 8 mortgage
  • 5 officers
  • 2 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
  1. 2026-04-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2026-04-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-04-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2026-04-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2026-04-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2026-04-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2026-04-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2026-04-10
    🔓
    Charge satisfied #5
  9. 2026-04-10
    🔓
    Charge satisfied #4
  10. 2026-04-10
    🔓
    Charge satisfied #3
  11. 2026-04-10
    🔓
    Charge satisfied #2
  12. 2026-04-10
    🔓
    Charge satisfied #1
  13. 2026-04-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2026-04-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2026-04-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2026-04-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  17. 2026-04-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2026-04-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2026-04-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2026-04-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2026-04-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2026-04-02
    APRATWUM-AMEYAW, Oheneba appointed
    director
  23. 2026-04-02
    BOATENG, Barbara appointed
    director
  24. 2026-04-02
    BUKHARI, Syed Dawood Haider resigned
    director
  25. 2026-04-02
    RANZA, Afifah resigned
    director
  26. 2026-04-02
    SAIDPOUR, Seyed Ahmed resigned
    director
  27. 2026-04-02
    🔒
    Charge registered #8
    Lender: Lloyds Bank PLC
  28. 2026-04-02
    🔒
    Charge registered #7
    Lender: Lloyds Bank PLC
  29. 2026-04-02
    🔒
    Charge registered #6
    Lender: Lloyds Bank PLC
  30. 2025-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  31. 2025-06-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  32. 2025-05-13
    📍
    change-registered-office-address-company
    address · AD01
  33. 2025-03-11
    📍
    change-registered-office-address-company
    address · AD01
  34. 2024-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  35. 2024-11-13
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  36. 2023-10-17
    🔒
    Charge registered #5
    Lender: Tsb Bank PLC
  37. 2023-08-24
    🔒
    Charge registered #4
    Lender: Tsb Bank PLC
  38. 2023-08-24
    🔒
    Charge registered #3
    Lender: Tsb Bank PLC
  39. 2023-08-24
    🔒
    Charge registered #2
    Lender: Tsb Bank PLC
  40. 2023-06-15
    🔒
    Charge registered #1
    Lender: Tsb Bank PLC
  41. 2023-02-08
    🏢
    Company incorporated
    As ADA PHARMA LIMITED
  42. 2023-02-08
    BUKHARI, Syed Dawood Haider appointed
    director
  43. 2023-02-08
    RANZA, Afifah appointed
    director
  44. 2023-02-08
    SAIDPOUR, Seyed Ahmed appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

3 med · 1 low
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BUKHARI, Syed Dawood Haider resigned 2026-04-02; RANZA, Afifah resigned 2026-04-02; SAIDPOUR, Seyed Ahmed resigned 2026-04-02

3 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-04-02: A registered charge; 2026-04-02: A registered charge; 2026-04-02: A registered charge

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Oheneba Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Oheneba Holdings Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
ADA PHARMA LIMITED
This company · 14648787

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%
NameSharesVoting rightsNature of controlNotified
Oheneba Holdings Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control02/04/2026
1 historic (ceased) PSC
  • Afifah Ranzaceased 02/04/2026· 25-50% shares · 25-50% voting · board control

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Typeltd
Incorporated2023-02-08
Jurisdictionengland-wales
Primary SIC47730 — Dispensing chemist in specialised stores

Registered office

12 Gateway Mews
Ring Way
London
N11 2UT
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-04-24
Last: 2026-04-10

Officers (2 active · 3 resigned)

APRATWUM-AMEYAW, Oheneba
director · ~49y · appointed 2026-04-02
View their other companies + combined net worth →
Active
BOATENG, Barbara
director · ~48y · appointed 2026-04-02
View their other companies + combined net worth →
Active
BUKHARI, Syed Dawood Haider
director · ~31y · appointed 2023-02-08 · resigned 2026-04-02
Resigned
RANZA, Afifah
director · ~37y · appointed 2023-02-08 · resigned 2026-04-02
Resigned
SAIDPOUR, Seyed Ahmed
director · ~31y · appointed 2023-02-08 · resigned 2026-04-02
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

8
Total charges
3
Outstanding
1
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property02/04/2026
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge02/04/2026
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge02/04/2026
satisfied
Lloyds Banking Group
Tsb Bank PLC
A registered charge1 property17/10/202310/04/2026
satisfied
Lloyds Banking Group
Tsb Bank PLC
A registered charge1 property24/08/202310/04/2026
satisfied
Lloyds Banking Group
Tsb Bank PLC
A registered charge1 property24/08/202310/04/2026
satisfied
Lloyds Banking Group
Tsb Bank PLC
A registered charge24/08/202310/04/2026
satisfied
Lloyds Banking Group
Tsb Bank PLC
A registered charge15/06/202310/04/2026
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (32 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-10
appoint-person-director-company-with-name-date
officers · AP01
2026-04-10
appoint-person-director-company-with-name-date
officers · AP01
2026-04-10
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-10
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-10
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-10
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-10
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-10
termination-director-company-with-name-termination-date
officers · TM01
2026-04-09
termination-director-company-with-name-termination-date
officers · TM01
2026-04-09
termination-director-company-with-name-termination-date
officers · TM01
2026-04-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-04-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-07