AVICENNA RETAIL LTD

• ⚠

  Material uncertainty over going concern

  These circumstances indicate the existence of a material uncertainty that may cast significant doubt upon the Group's and the Company's ability to continue as a going concern. Nevertheless, after considering the mitigating actions available, including completed disposals and ongoing lender engagement, the directors believe it remains appropriate to prepare the financial statements on a going concern basis.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +0.9%

  £168,271,316 → £169,712,366

• Cash

  +235.6%

  £388,135 → £1,302,703

• Net assets

  +52.6%

  £14,523,755 → £22,163,305

• Employees

  -1.8%

  1,337 → 1,313

• Operating profit

  +6,182.2%

  -£129,810 → £7,895,293

• Profit before tax

  +6,498.4%

  -£123,398 → £7,895,526

• Wages

  +7.6%

  £22,839,250 → £24,566,337

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. AVICENNA RETAIL LTD 2020-03-03 → present
2. ASHCHEM LIMITED 2002-07-16 → 2020-03-03

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“These circumstances indicate the existence of a material uncertainty that may cast significant doubt upon the Group's and the Company's ability to continue as a going concern. Nevertheless, after considering the mitigating actions available, including completed disposals and ongoing lender engagement, the directors believe it remains appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. AVICENNA RETAIL LTD · parent
   1. A.&J.M. Sheppard Limited 100% · UK · Non - trading
   2. A & J M Sheppard (Pencoed) Limited 100% · UK · Dormant
   3. Kapoor Chemists Limited 100% · UK · Non - trading
   4. Ozpharm Limited 100% · UK · Non - trading
   5. A. J. Gilbert (Chemist) Limited 100% · UK · Non - trading
   6. Alex Crewe Limited 100% · UK · Non - trading

Significant events

• “During the year the company received £7,375,356 from subsidiary companies and is a return on investment.”
• “Exceptional items include £4,794,266 of profit generated on the disposal of 9 pharmacies as part of a strategic programme of rationalisation implemented by the board along with a loss on disposal of fixed assets of £6,344.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.