H.A.MCPARLAND LIMITED

• ◆

  Audit opinion: Disclaimer of opinion

  Latest auditor's report carried a non-clean opinion.

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

Xeinadin Audit Limited

Audit opinion

Disclaimer of opinion

Going concern

Affirmed

“The directors have assessed the Company's current financial position and performance, along with its revenue and available options for funding on need basis, covering a period of at least twelve months from the date of approval of these financial statements. Based on this assessment, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the going concern basis of accounting has been adopted in preparing the Company's financial statements.”

Group structure

1. H.A.MCPARLAND LIMITED · parent
   1. G & N Brunsden Limited 100% · England and Wales
   2. Dipnoi Limited 100% · England and Wales
   3. Olives Limited 100% · England and Wales
   4. Kennet Pharmacy Limited 100% · England and Wales
   5. Furlend Limited 100% · England and Wales

Significant events

• “The retail pharmacy sector has faced significant challenges over the past year, with several larger pharmacy groups withdrawing from the market. Rising operating costs and sustained margin pressures have continued to impact profitability across the industry. Reimbursement rates have not increased since 2016, and the sector is awaiting the outcome of the ongoing NHS review.”
• “The principal risks identified by management include theft and shoplifting, as well as the ongoing challenge of controlling operational costs to maintain profitability.”
• “In the prior year, the subsidiary, Furlend Limited, was dissolved by Companies House on 22 August 2023. Consequently, the related investment and intercompany balance of £287,532 were derecognised from the balance sheet. ... In the current year, Furlend Limited was reinstated at Companies House, and the investment and intercompany payable were reinstated accordingly.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

9

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

  -8.8%

  £25,331,531 → £23,110,058

• Cash

  +22.7%

  £7,855,783 → £9,639,324

• Net assets

  -7.3%

  £8,964,945 → £8,312,599

• Employees

  +7.5%

  228 → 245

• Operating profit

  +37.8%

  -£1,147,050 → -£713,391

• Profit before tax

  +42.5%

  -£1,140,059 → -£656,093

• Wages

  +9.2%

  £4,725,792 → £5,160,725

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