CORNWELL'S CHEMISTS LIMITED

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

SumerAuditco Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In forming our opinion, we have considered the adequacy of the disclosures concerning the business' ability to continue as a going concern in the strategic report and note 2 of these financial statements. The business' loan facilities has caused debt falling under one year to exceed the assets under one year. The strategic report and note 2. of the financial statements outlines the directors' expectations for the rest of 25 and beyond, which indicates that the business will continue to trade for the foreseeable future in line with the directors' forecasts and projections and expected continued support of the business' lenders. Our opinion is not modified in this respect.”

Group structure

1. CORNWELL'S CHEMISTS LIMITED · parent
   1. Miltons (Chemists) Limited 100% · England and Wales · Retail pharmacy services

Significant events

• “Several factors contributed to the year's underperformance, most notably continued government underfunding of the retail pharmacy sector. The NHS Community Pharmacy Contractual Framework (CPCF) for 2024/25 remained unchanged from the previous five-year agreement, which expired in 2023/24.”
• “In addition the group's significant expansion over the last two years, acquiring three inefficient Pharmacies and merging into one very efficient pharmacy, which as a result of NHS regulation had taken time to complete.”
• “Consolidated business first half performance (2025/26) performance has returned to profitability, due to the board's actions of last year.”
• “There were no material events up to the date of approval of the financial statements by the Board.”

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

0

last 12 months

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

• Turnover

  -4%

  £13,259,234 → £12,722,646

• Cash

  +404.3%

  £2,214 → £11,165

• Net assets

  -19.4%

  £599,973 → £483,658

• Employees

  -8.3%

  133 → 122

• Operating profit

  -404.2%

  £136,652 → -£415,674

• Profit before tax

  -1,494.9%

  £17,915 → -£249,888

• Wages

  +4.5%

  £2,156,607 → £2,254,175

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers