UK Companies House feature
WALTER DAVIDSON & SONS LIMITED
Cash
£6M
+80.3% vs 2024
Net assets
£35M
+7.1% vs 2024
Employees
666
+4.6% vs 2024
Profit before tax
—
Period ending 2025-01-31
Profile
- Company number
- SC029652
- Status
- Active
- Incorporation
- 1953-10-06
- Last accounts made up
- 2025-01-31
- Account category
- GROUP
- Primary SIC
- 86900
- Hubs
- UK Healthcare
Net assets
7-year trend · vs UK Healthcare median
Accounts
7-year trend · latest 2025-01-31
| Metric | Trend | 2019-01-31 | 2020-01-31 | 2021-01-31 | 2022-01-31 | 2023-01-31 | 2024-01-31 | 2025-01-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | — | |
| Net profit | — | — | — | — | — | £1,856,373 | £3,016,356 | |
| Cash | £11,150,704 | £10,416,525 | £12,339,964 | £5,173,241 | £6,350,692 | £3,228,704 | £5,821,458 | |
| Total assets less current liabilities | — | — | — | — | — | £35,169,580 | £35,288,313 | |
| Net assets | — | — | — | — | — | £32,766,008 | £35,080,364 | |
| Equity | £21,823,729 | — | — | £30,011,146 | — | £32,766,008 | £35,080,364 | |
| Average employees | — | — | — | — | — | 637 | 666 | |
| Wages | — | — | — | — | — | £12,258,156 | £13,592,364 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Subsidiaries
- Five Mile Limited · 100% held · Scotland · Retail pharmacy
- Drymen Potions Limited · 100% held · Scotland · Retail pharmacy
- Scotpharm Supplies Limited · 100% held · Scotland · Retail pharmacy
- Methven Pharmacy Limited · 100% held · Scotland · Retail pharmacy
- Letham Dispensary Limited · 100% held · Scotland · Retail pharmacy
- Davidsons Farm & Country Limited · 100% held · Scotland · Veterinary chemists
- McPherson Pharmacy Limited · 100% held · Scotland · Retail pharmacy
- Hutchison Healthcare Limited · 100% held · Scotland · Retail pharmacy
- George Ellis Limited · 100% held · Scotland · Retail pharmacy
- Dunblane Healthcare Limited · 100% held · Scotland · Retail pharmacy
- Newfield (Dundonald) Limited · 100% held · Scotland · Retail pharmacy
- John Ross (Dundee) Limited · 100% held · Scotland · Retail pharmacy
- LP North Two Limited · 100% held · Scotland · Retail pharmacy
Significant events
- “The group acquired one new pharmacy in 2024. The Boots pharmacy in Kilcreggan was acquired in April. The group now operates from 58 pharmacies across Scotland.”
- “The group continues to look for new properties to purchase into which we can move from leased properties. During the year, we moved to larger premises in Thornton and Dreghorn.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
5 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GORDON, Allan Stewart | Secretary | 1993-10-01 | — | British |
| COWLE, Kathleen | Director | 2021-03-30 | Sep 1974 | British |
| GORDON, Allan Stewart | Director | 1993-03-01 | May 1966 | British |
| GORDON, Karen Hazel | Director | 2010-02-15 | Aug 1973 | British |
| LONSDALE, Terry Harmer | Director | — | Sep 1944 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COULL, Ian Gordon | Secretary | — | 1989-10-18 |
| LONSDALE, Terry Harmer | Secretary | 1989-10-18 | 1993-10-01 |
| BAIN, Stuart Mckay | Director | 1991-05-23 | 1995-06-28 |
| BAIN, Stuart Mckay | Director | — | 1991-05-23 |
| COULL, Ian Gordon | Director | — | 2012-05-21 |
| DAVIDSON, Douglas Walter Mcgeorge | Director | — | 2018-02-01 |
| DAVIDSON, Graeme Walter Irving | Director | 1990-03-14 | 2026-03-20 |
| LUMSDEN, Innes | Director | — | 2006-12-31 |
| MCGUIRE, Andrew James | Director | 1993-03-01 | 1998-08-15 |
| MURRAY, John Mcbeth | Director | 1998-07-01 | 2007-04-27 |
| SIMMS, Leslie Richard | Director | — | 2002-10-31 |
| TOLLAND, Lindsay Cameron | Director | 1990-04-11 | 1992-07-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Graeme Walter Irving Davidson | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2026-03-20 |
| Gail Davidson | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 174 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-05-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-05-05 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2026-04-29 | TM01 | officers | termination director company with name termination date |
| 2025-08-15 | AA | accounts | accounts with accounts type group |
| 2025-06-26 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-10-29 | AA | accounts | accounts with accounts type group |
| 2024-06-26 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-02-14 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2024-02-14 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2023-10-26 | AA | accounts | accounts with accounts type group |
| 2023-06-26 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-06-02 | MA | incorporation | memorandum articles |
| 2023-06-02 | RESOLUTIONS | resolution | resolution |
| 2022-10-20 | AA | accounts | accounts with accounts type group |
| 2022-06-24 | CS01 | confirmation-statement | confirmation statement with updates |
| 2021-08-17 | AA | accounts | accounts with accounts type group |
| 2021-06-24 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-05-04 | AP01 | officers | appoint person director company with name date |
| 2021-01-19 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2021-01-04 | AA | accounts | accounts with accounts type group |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-10
32.2
COLD
/ 100
- Filings velocity 42
- Capital events 0
- Officer churn 25
- Headcount trajectory 55
- Accounts trajectory 57
- 5 filing(s) in last 12 months
- 0 appointed, 1 resigned (12mo)
- Employees +5% YoY
- Net Assets +7% YoY