ALEXANDRA PARADE PHARMACY LIMITED

⚰️Wound downdissolved
SC199282 · ltd · incorporated 1999-08-27
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 26.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
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
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 80/100. Strong seller-intent signal (75/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 26.2y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 26.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (61/100)

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
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
12 officers (3 active, 12 linked, 9 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
88 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
30
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
  1. 2023-01-24
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2023-01-24
    🏁
    Company dissolved
  3. 2022-11-08
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2022-10-27
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2022-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-10-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-03-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2017-03-21
    🔓
    Charge satisfied #3
  13. 2016-10-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-08-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2016-08-04
    🔓
    Charge satisfied #2
  16. 2016-03-30
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  17. 2016-02-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2016-02-17
    🔓
    Charge satisfied #4
  19. 2015-08-31
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2015-08-11
    📄
    accounts-with-accounts-type-small
    accounts · AA
  21. 2014-09-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2014-08-01
    📄
    accounts-with-accounts-type-small
    accounts · AA
  23. 2013-10-01
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  24. 2013-02-19
    🔒
    Charge registered #3
    Lender: Rbs Invoice Finance Limited
  25. 2013-01-28
    PAW, Pranay Jayantilal resigned
    director
  26. 2011-11-03
    SHERGILL, Harminder Singh appointed
    director
  27. 2011-11-03
    PAW, Pranay Jayantilal appointed
    director
  28. 2011-11-03
    SALWAN, Neeraj resigned
    director
  29. 2007-09-08
    🔓
    Charge satisfied #1
  30. 2007-08-31
    MAJHU, Sanjay appointed
    secretary
  31. 2007-08-31
    MAJHU, Sanjay appointed
    director
  32. 2007-08-31
    MARTIN, Paul Francis resigned
    secretary
  33. 2007-08-31
    BROWN, Edward Joseph resigned
    director
  34. 2007-08-31
    MARTIN, Catherine Ann resigned
    director
  35. 2007-08-31
    MARTIN, Paul Francis resigned
    director
  36. 2007-08-31
    SALWAN, Neeraj appointed
    director
  37. 2007-08-31
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  38. 2007-08-28
    BROWN, Marie Therese resigned
    director
  39. 2000-03-17
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  40. 2000-02-15
    BROWN, Edward Joseph appointed
    director
  41. 1999-10-31
    BROWN, Marie Therese appointed
    director
  42. 1999-10-26
    MARTIN, Paul Francis appointed
    secretary
  43. 1999-10-26
    MACDONALDS resigned
    corporate-nominee-secretary
  44. 1999-10-26
    MARTIN, Catherine Ann appointed
    director
  45. 1999-10-26
    MARTIN, Paul Francis appointed
    director
  46. 1999-10-26
    MCDIARMID, Fergus Archibald resigned
    director
  47. 1999-08-27
    🏢
    Company incorporated
    As ALEXANDRA PARADE PHARMACY LIMITED
  48. 1999-08-27
    MACDONALDS appointed
    corporate-nominee-secretary
  49. 1999-08-27
    MCDIARMID, Fergus Archibald appointed
    director

Owner dependency

76/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

69/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 27 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2023-01-24

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.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Sanjay Majhu
Individual · British · DOB 09/1968 · age 58
sig. influencesignificant influence06/04/2016

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

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

Statusdissolved
Typeltd
Incorporated1999-08-27
Jurisdictionscotland
Primary SIC47730 — Dispensing chemist in specialised stores

Registered office

23 Crow Road
Glasgow
G11 7RT

Filing status

Accounts
Next due:
Last made up to: 2022-01-31
Confirmation statement
Next due:
Last:

Officers (0 active · 9 resigned)

MAJHU, Sanjay
secretary · appointed 2007-08-31
View their other companies + combined net worth →
Active
MAJHU, Sanjay
director · ~58y · appointed 2007-08-31
View their other companies + combined net worth →
Active
SHERGILL, Harminder Singh
director · ~47y · appointed 2011-11-03
View their other companies + combined net worth →
Active
MARTIN, Paul Francis
secretary · appointed 1999-10-26 · resigned 2007-08-31
Resigned
MACDONALDS
corporate-nominee-secretary · appointed 1999-08-27 · resigned 1999-10-26
Resigned
BROWN, Edward Joseph
director · ~98y · appointed 2000-02-15 · resigned 2007-08-31
Resigned
BROWN, Marie Therese
director · ~60y · appointed 1999-10-31 · resigned 2007-08-28
Resigned
MARTIN, Catherine Ann
director · ~62y · appointed 1999-10-26 · resigned 2007-08-31
Resigned
MARTIN, Paul Francis
director · ~63y · appointed 1999-10-26 · resigned 2007-08-31
Resigned
MCDIARMID, Fergus Archibald
director · ~60y · appointed 1999-08-27 · resigned 1999-10-26
Resigned
PAW, Pranay Jayantilal
director · ~63y · appointed 2011-11-03 · resigned 2013-01-28
Resigned
SALWAN, Neeraj
director · ~55y · appointed 2007-08-31 · resigned 2011-11-03
Resigned

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge01/10/201317/02/2016
satisfied
NatWest Group
Rbs Invoice Finance Limited
Floating charge1 property19/02/201321/03/2017
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property31/08/200704/08/2016
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property17/03/200008/09/2007

Recent filings (88 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2023-01-24
gazette-notice-voluntary
gazette · GAZ1(A)
2022-11-08
dissolution-application-strike-off-company
dissolution · DS01
2022-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-08-31