−£296k
vs Mar 2025ActiveSC762525Private limited companyPaisley
NEXT GEN PHARMA LTD
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
01
Summary
NEXT GEN PHARMA LTD is an active private limited company (company number SC762525) incorporated on 16 March 2023, registered in Paisley. Its registered activity is dispensing chemist in specialised stores (SIC 47730). Latest micro accounts cover the period ending 31 March 2026, showing net assets of −£296k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 50% on the prior period (−£197k). Across the last 3 periods on record the net-asset trend is falling.
Peer position · net assets
By net assets it sits in the bottom quarter of 244 comparable companies in Glasgow (median £10k, upper quartile £310k).
02
Key dates
- Incorporated
- 16 March 20233 yrs ago
- Next accounts due
- 31 December 2027in 435 days
- Confirmation statement due
- 30 March 2027in 159 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 47730
- Dispensing chemist in specialised stores
- SIC 47749
- Retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) n.e.c.
- SIC 86900
- Other human health activities
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
04
Financials
Not reported
Not disclosed
2
+100%vs Mar 2025| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2026 | −£296k | — | — | — | — | — | 2 |
| 31 March 2025 | −£197k | £5,120 | £6,368 | — | — | — | 1 |
| 31 March 2024 | −£88k | £20k | £6,605 | — | — | — | 1 |
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
05
Filing and accounts signals
- Net assets below zeroNet assets £-296,362 at 31 March 2026
- Net assets down 25% or more on the prior period-50.1% vs prior period
- Three or more accounting periods on record3 periods on record
- Incorporated two to five years agoIncorporated 16 March 2023
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
06
Ownership and control
- Mr Usmaan Shahid
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- Miss Sehar Shahid
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Next accounts duein 435 days
- Confirmation statement duein 159 days
- Accounts period endNet liabilities £296k · micro accounts
- Accounts period endNet liabilities £197k · micro accounts
- Accounts period endNet liabilities £88k · micro accounts
- Incorporated
08
Similar companies in Glasgow
- LARKHALL HEALTHCARE LIMITEDGlasgow · inc. Mar 2023
- R&M PHARMA LTDClydebank · inc. Mar 2023
- M&M HEALTHCARE SCOTLAND LIMITEDGlasgow · inc. Mar 2023
- RSR HEALTH SOLUTIONS LTDGlasgow · inc. Mar 2023
- 535 MARYHILL ROAD LTDGlasgow · inc. Mar 2023
- DRUMOYNE ROAD LTDGlasgow · inc. Mar 2023
All companies incorporated on 16 March 2023 · in Mar 2023.
09
Reminders for NEXT GEN PHARMA LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.