PAYDENS GROUP HOLDINGS LIMITED
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Cash
£961K
-73.4% vs 2024
Net assets
£2M
-88.3% vs 2024
Employees
1,660
+17.1% vs 2024
Profit before tax
-£15M
+9.9% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Consumer Staples median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £159,416,191 | £200,638,259 | +25.9% | |
| Operating profit | -£12,870,288 | -£10,321,809 | +19.8% | |
| Profit before tax | -£17,080,416 | -£15,395,136 | +9.9% | |
| Net profit | -£16,056,344 | -£15,395,136 | +4.1% | |
| Cash | £3,606,921 | £960,948 | -73.4% | |
| Total assets less current liabilities | £23,723,272 | £7,338,418 | -69.1% | |
| Net assets | £17,435,967 | £2,040,831 | -88.3% | |
| Equity | £17,435,967 | £2,040,831 | -88.3% | |
| Average employees | 1,418 | 1,660 | +17.1% | |
| Wages | £33,643,635 | £37,958,380 | +12.8% | |
| Directors' remuneration | £230,166 | £173,099 | -24.8% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -8.1% | -5.1% | |
| Net margin | -10.1% | -7.7% | |
| Return on capital employed | -54.3% | -140.7% | |
| Current ratio | 0.34x | 0.28x | |
| Interest cover | -3.06x | -2.03x |
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.
Name history
Renamed 1 time since incorporation
- PAYDENS GROUP HOLDINGS LIMITED 2010-06-29 → present
- PAYDENS GH LIMITED 2010-03-24 → 2010-06-29
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having taken into account the current and expected levels of government funding in the sector, alongside the planned and realised cost savings within the business, the Directors consider it appropriate to present these financial statements on a going concern basis.”
Group structure
- PAYDENS GROUP HOLDINGS LIMITED · parent
- Paydens Limited 100%
- Sangers (Maidstone) Limited 100%
- Canterbury Pharmacies Limited 100%
- SG Court Limited 100%
- Guidebrook Limited 100%
- Boldasset Limited 100%
- Alphacrest Limited 100%
- Paydens (Steyning) Limited 100%
- RH Ferries (Romney Marsh) Limited 100%
- Spensley Services Limited 100%
- Clementine Associates Limited 100%
- A&S Shillam Limited 100%
- Worthing Pharmacies Limited 100%
- Longprofit Limited 100%
- Sprint 1159 Limited 100%
- Thompson's Chemists Limited 100%
- Boughton Parade Management Limited 56%
Significant events
- “Post year end, this was successfully renegotiated with HSBC, securing a £15m revolving credit facility (following repayment of the term facility during 2025/26). This facility terminates on 31 March 2027 and provide a solid foundation for our ongoing operations.”
- “Post year-end the group has sold certain pharmacies in line with the agreed plan with the bank and the cash raised has been used in part to further reduce the Group's debt as shown by the reduction in the term facility with HSBC. In the short to medium term, the Directors intend to continue the strategic divestment plan in order to further reduce the Group's overall indebtedness.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCCONVILLE, John Patrick | Director | 2010-03-30 | Mar 1959 | British |
| PAY, Alexander George | Director | 2017-10-16 | Mar 1984 | British |
| PAY, Rosemary Elizabeth Ann | Director | 2010-03-24 | Jan 1949 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SEAL, John | Secretary | 2011-03-18 | 2017-10-16 |
| PAY, Dennis Charles | Director | 2010-03-24 | 2021-09-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ms Rosemary Pay | Individual | Shares 25–50% (as trust), Voting 25–50% (as trust) | 2023-12-19 | Ceased 2026-03-31 |
| Mr Keith Newman | Individual | Shares 25–50%, Voting 25–50% | 2023-12-19 | Ceased 2026-03-31 |
| Joanne Elizabeth Fernando | Individual | Shares 25–50%, Voting 25–50% | 2019-03-01 | Active |
| Natalie Ann Cerda | Individual | Shares 25–50%, Voting 25–50% | 2019-03-01 | Active |
| Gregory Charles Pay | Individual | Shares 25–50%, Voting 25–50% | 2019-03-01 | Active |
| Mr Alexander George Pay | Individual | Shares 25–50%, Voting 25–50% | 2019-03-01 | Active |
| Mr Dennis Charles Pay | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2023-12-19 |
Filing timeline
Last 20 of 75 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-05-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-04-22 | SH08 | capital | Capital name of class of shares | |
| 2026-04-20 | RP01PSC01 | miscellaneous | Legacy | |
| 2026-04-20 | RP01PSC01 | miscellaneous | Legacy | |
| 2026-04-20 | RP01PSC01 | miscellaneous | Legacy | |
| 2026-04-20 | RP01PSC01 | miscellaneous | Legacy | |
| 2026-04-20 | RP01PSC01 | miscellaneous | Legacy | |
| 2026-04-04 | AA | accounts | Accounts with accounts type group | |
| 2026-04-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-30 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-01-30 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-12-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-04-17 | AA | accounts | Accounts with accounts type group | |
| 2025-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-04 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-04-04 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-02-23 | AA | accounts | Accounts with accounts type group | |
| 2023-11-09 | PSC01 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.