TOWNHEAD PHARMACY LIMITED

🌳Matureactive

SC087428 · ltd · incorporated 1984-03-29

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Apr 2025

Net worth

£6.5k

book net assets

Opportunity

74/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Dispensing chemist in specialised stores

Sector: Wholesale & retail

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

12 officers (2 active, 12 linked, 6 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

Network not yet resolved

Filing history

119 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £6,469

Cash YoY

-1%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£140k

~ YoY

Net Worth

£6k

~ YoY

Current Assets

£384k

↑ 9.3% YoY

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
Total assets	£8.1k	£6.5k
Current assets	£383.9k	£351.2k
Cash	£140.1k	£140.9k
Debtors	£195.1k	£156.4k
Net assets	£6.5k	£6.5k

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

filings

Last 90 days

filings

Last 180 days

filings

• 2 persons-with-significant-control
• 2 officers
• 1 incorporation

Counts from Companies House filing history.

Corporate timeline (35 events)Click to expand

2026-01-19
📄
memorandum-articles
incorporation · MA
2026-01-15
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-15
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-23
📄
resolution
resolution · RESOLUTIONS
2025-12-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-12-23
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2025-12-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-12-17
📄
memorandum-articles
incorporation · MA
2025-12-05
➕
WILLIS, Keith David appointed
director
2025-12-05
➖
TARBET, Gillian Clark resigned
secretary
2025-12-05
➖
TARBET, Gillian Clark resigned
director
2025-12-02
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-02
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-22
📄
capital-allotment-shares
capital · SH01
2025-08-21
📄
resolution
resolution · RESOLUTIONS
2025-08-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2015-06-16
➖
APPLE HEALTHCARE SCOTLAND LTD resigned
corporate-director
2011-05-01
➖
BOOTS UK LIMITED resigned
corporate-director
2007-11-06
➕
BOYLE, Gavin appointed
director
2007-11-05
➖
BOYLE, Thomas resigned
director
2007-08-27
➕
TARBET, Gillian Clark appointed
secretary
2007-08-27
➕
APPLE HEALTHCARE SCOTLAND LTD appointed
corporate-director
2007-08-26
➖
BROWN, Edward Joseph resigned
secretary
2007-08-26
➖
BROWN, Edward Joseph resigned
director
2001-04-25
➕
BROWN, Edward Joseph appointed
secretary
2001-04-25
➕
TARBET, Gillian Clark appointed
director
2001-04-24
➖
TARBET, Duncan Graham resigned
secretary
2001-04-24
➖
TARBET, Duncan Graham resigned
director
1991-08-01
➖
MOREYFELL, Margaret resigned
director
1984-03-29
🏢
Company incorporated
As TOWNHEAD PHARMACY LIMITED

Owner dependency

68/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

49/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 19 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

2 director resignations in last 12 months

medium

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

Evidence: TARBET, Gillian Clark resigned 2025-12-05; TARBET, Gillian Clark resigned 2025-12-05

Group structure

Stewart Pharmacy (Scotland) Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️

Stewart Pharmacy (Scotland) Limited

Corporate parent · holds 25-50% shares

significant stake

⬇

TOWNHEAD PHARMACY LIMITED

This company · SC087428

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Stewart Pharmacy (Scotland) Limited Corporate entity	25–50%	25–50%	25-50% shares · 25-50% voting	05/12/2025

2 historic (ceased) PSCs

Miss Gillian Clark Tarbetceased 10/08/2016· 25-50% shares
D.G. Tarbet (Pharmacy) Limitedceased 05/12/2025· 25-50% shares · 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Retail · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
OPTICAL EXPRESS (GYLE) LIMITED→ SC150432 · est 1994	£10.52M £7.89M–£13.15M	—	—	8300	32y	85	58y
AFFORDABLE GOLF LTD.→ SC350505 · est 2008	£3.72M £2.79M–£4.65M	—	—	5300	17y	87	63y
ABBEY CHEMISTS LTD→ SC323221 · est 2007	—	—	—	3900	19y	83	67y
APPLE HEALTHCARE EDINBURGH LTD→ SC339804 · est 2008	—	—	£478.1k	—	18y	83	58y
CAMERON INTERIORS LIMITED→ SC069523 · est 1979	—	—	£227.8k	—	46y	83	58y
CATHERINE'S OF PARTICK LIMITED→ SC099085 · est 1986	—	—	£1.48M	—	40y	83	78y
DUNCAN YACHT CHANDLERS LIMITED→ SC265044 · est 2004	—	—	—	500	22y	83	60y
HELENSBURGH FLOORPLAN (1983) LIMITED→ SC083345 · est 1983	—	—	—	14	43y	83	77y
HUNTER FURNISHINGS LIMITED→ SC295684 · est 2006	—	—	£846.0k	—	20y	83	84y
ITALIAN AROMA COFFEE LIMITED→ SC139395 · est 1992	—	—	—	11	33y	83	59y
LOMO INDUSTRIES LTD.→ SC203510 · est 2000	—	—	£1.18M	—	26y	83	58y
LOUD & CLEAR (EDINBURGH) LIMITED→ SC197065 · est 1999	—	—	—	8	27y	83	61y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated1984-03-29

Jurisdictionscotland

Primary SIC47730 — Dispensing chemist in specialised stores

Registered office

Phase 1 Royal Infirmary

16 Alexandra Parade

Glasgow

Lanarkshire

G31 2ES

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2026-12-16

Last: 2025-12-02

Officers (2 active · 10 resigned)

BOYLE, Gavin→

director · ~52y · appointed 2007-11-06

View their other companies + combined net worth →

Active

WILLIS, Keith David→

director · ~45y · appointed 2025-12-05

View their other companies + combined net worth →

Active

BROWN, Edward Joseph→

secretary · appointed 2001-04-25 · resigned 2007-08-26

Resigned

TARBET, Duncan Graham→

secretary · resigned 2001-04-24

Resigned

TARBET, Gillian Clark→

secretary · appointed 2007-08-27 · resigned 2025-12-05

Resigned

BOYLE, Thomas→

director · ~92y · resigned 2007-11-05

Resigned

BROWN, Edward Joseph→

director · ~98y · resigned 2007-08-26

Resigned

MOREYFELL, Margaret→

director · resigned 1991-08-01

Resigned

TARBET, Duncan Graham→

director · ~99y · resigned 2001-04-24

Resigned

TARBET, Gillian Clark→

director · ~64y · appointed 2001-04-25 · resigned 2025-12-05

Resigned

APPLE HEALTHCARE SCOTLAND LTD→

corporate-director · appointed 2007-08-27 · resigned 2015-06-16

Resigned

BOOTS UK LIMITED→

corporate-director · resigned 2011-05-01

Resigned

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

Recent filings (119 total)

memorandum-articles

incorporation · MA

2026-01-19

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2026-01-15

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC02

2026-01-15

resolution

resolution · RESOLUTIONS

2025-12-23

termination-director-company-with-name-termination-date

officers · TM01

2025-12-23

termination-secretary-company-with-name-termination-date

officers · TM02

2025-12-23

appoint-person-director-company-with-name-date

officers · AP01

2025-12-17

memorandum-articles

incorporation · MA

2025-12-17

confirmation-statement-with-updates

confirmation-statement · CS01

2025-12-02

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC02

2025-12-02

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2025-12-02

capital-allotment-shares

capital · SH01

2025-08-22

resolution

resolution · RESOLUTIONS

2025-08-21

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-08-11

confirmation-statement-with-updates

confirmation-statement · CS01

2025-08-11