Abbaltis Ltd

Abbaltis Ltd, based in Sittingbourne, UK, is a small, active company founded fourteen years ago in 2010. With sixteen employees and £327,385 in assets, it’s a solo-founded operation managed by a single director and owner, Giedre Brandao. The company regularly imports and exports pharmaceutical products, with nineteen months of import activity and thirty-three months of export activity recorded.

The company’s website, AbBaltis, focuses on providing disease state plasma and related services to the In Vitro Diagnostics and Biotech markets. It offers a range of products, including bulk plasma, allergy-positive plasma, and bespoke research services. The site highlights the company’s commitment to innovation, quality, and customer support, and features profiles of its team members, showcasing their expertise and passion for the industry. They even have a section dedicated to awards, including a Queen's Award for Enterprise.

Financially, Abbaltis Ltd shows some interesting trends. Cash reserves increased significantly, jumping 200% to £69,000, which is a positive sign. However, creditors decreased by 15%, dropping to £100,000, which could indicate a need to manage debt more effectively. Trade debtors increased by 15%, reaching £160,000, suggesting potential delays in customer payments. Despite these shifts, net assets grew by 15%, reaching £260,000, and the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble. The company’s accounts are unaudited, likely due to its small size, and no auditor is mentioned.

The increase in employees, from sixteen to twenty-one, could be a sign of growth, but it also raises questions about whether the company can maintain its efficiency and profitability. Overall, Abbaltis Ltd appears to be a stable, albeit small, company navigating the challenges of the biotechnology sector.

Registered in England/Wales under the registration number 07391759, with a registered address at ME9 8NP, England, Sittingbourne, 190 Kent Science Park, Carver Drive.

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