{"name":"SMARTWAY PHARMACEUTICALS LIMITED","company_number":"08481191","status":"Active","type":"Private Limited Company","incorporated":"2013-04-09","dissolved":null,"registered_office":"The Old Mill, 9 Soar Lane, Leicester, Leicestershire, LE3 5DE","postcode":"LE3 5DE","sic_codes":[{"code":46460,"description":"Wholesale of pharmaceutical goods"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Full","year_end":"31 March","last_made_up_to":"2025-03-31","next_due":"2026-12-31"},"employees":{"count":103,"accounts_date":"2024-03-31"},"financials":[{"financial_date":"2024-03-31","turnover":176911388,"profit_loss":8022486,"net_assets":11952673,"cash":2368275,"average_employees":103},{"financial_date":"2023-03-31","turnover":146196341,"profit_loss":7611205,"net_assets":17480180,"cash":3783544,"average_employees":97},{"financial_date":"2022-03-31","turnover":134753513,"net_assets":39898975,"cash":8333280},{"financial_date":"2021-03-31","turnover":196181526,"net_assets":58634312,"cash":5532233},{"financial_date":"2020-03-31","net_assets":52380958,"cash":7809748}],"officers":{"current":4,"resigned":0,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Smartway Pharmaceuticals Limited presents a high-risk investment profile characterized by a fundamental disconnect between operational profitability and balance sheet health. While the company demonstrates strong revenue growth and generates operating profits, the aggressive extraction of capital—likely through upstream dividends to its parent entity—has resulted in a severe depletion of net assets and cash reserves. Consequently, the company's liquidity position is precariously thin, and its liability burden has grown exponentially, posing significant solvency concerns should trading conditions deteriorate or debt collection falter.","website":"http://www.smartwaypharma.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/smartway-pharmaceuticals","people":"https://www.companiesintheuk.co.uk/company/smartway-pharmaceuticals/people","filing_history":"https://www.companiesintheuk.co.uk/company/smartway-pharmaceuticals/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/08481191","financials":"https://www.companiesintheuk.co.uk/company/smartway-pharmaceuticals/financial","control":"https://www.companiesintheuk.co.uk/company/smartway-pharmaceuticals/control","charges":"https://www.companiesintheuk.co.uk/company/smartway-pharmaceuticals/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/smartway-pharmaceuticals/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/smartway-pharmaceuticals"}