SMARTWAY PHARMACEUTICALS LIMITED
Company number 08481191 · Monitor this company
Executive 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.
Shareholders' funds
£11,952,673
Balance sheet as at 2024-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2013-04-09
- Employees
- 103 (2024 accounts · was 97 in 2023)
- Registered office
- The Old Mill, 9 Soar Lane, Leicester, Leicestershire, LE3 5DE
- Postcode
- LE3 5DE
- Capital
- 118 GBP
- Accounts category
- Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-03-31
- Next due by
- 2026-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-04-09
- Next due by
- 2027-04-23
Nature of business (SIC)
- 46460 Wholesale of pharmaceutical goods
Officers 4 current
Group structure
Controlled by SMARTWAY PW. HOLDINGS LIMITED — since 2016-04-09
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — ZB862133 (Tier 2), registered since 2025.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
Among its peers
Top 5%
by shareholders' funds, of 41 similar companies in LE
The largest employer among its local peers (103 staff).
Trading since 2013.
No.1 of the largest wholesale of pharmaceutical goods companies in Leicester →
Competitors Leicester
This company ranks 1 among wholesale of pharmaceutical goods in Leicester.
The class of 2013
23%
of the 530,503 companies incorporated in 2013 are still active today; 75% have since been dissolved.
A fact about the year, not a forecast for this company.