A1 Pharmaceuticals Public Limited Company

A1 Pharmaceuticals Plc from Rainham, UK, is a large, active company established 33 years ago. Employing 52 individuals, it boasts assets of £20,563,738 and a yearly revenue of £55,982,183. A family business with six directors and two owners, it operates from a real address and holds a Google rating of 2.0 based on six reviews. The company regularly imports pharmaceutical products (328 months) and exports optical and medical tools and devices (115 months).

The company’s website showcases a dedication to healthcare, highlighting a team with over 150 years of collective experience in the pharmaceutical sector. It positions itself as an "extension of your buying team," enabling customers to provide excellent service. A1 Pharmaceuticals actively seeks new customers and suppliers, and emphasizes its passion for products, experienced team, competitive pricing, and proven track record. The site also details opening hours and provides contact information, including a web address. Recent posts highlight recognition from JP Morgan and charitable fundraising efforts.

Financially, A1 Pharmaceuticals shows a mixed picture. While turnover remained steady at £56 million, net assets declined by 2.2% to £16 million. Cash and cash equivalents experienced a significant drop of 50%, falling to £3.8 million. Bank borrowings remained stable. However, administrative expenses increased by 33%, and director remuneration benefits saw a dramatic rise of 240%. Creditors decreased by 40%, suggesting improved debt management. The company meets the criteria for a large company, having turnover exceeding £36 million and a balance sheet total exceeding £18 million. The accounts are audited, and Barnes Roffe LLP served as the auditor.

Overall, A1 Pharmaceuticals appears to be a well-established player in the pharmaceutical wholesale market. While the decline in cash reserves warrants attention, the company's strong track record, experienced team, and focus on customer service suggest a resilient business. The increase in director remuneration benefits could be a reflection of increased responsibilities or performance-based incentives.

Registered in England/Wales under the registration number 02690345, with a registered address at RM13 9BP, Rainham, Essex, Unit 20 & 21 Easter Industrial, Park, Ferry Lane South.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.