Acme Pharma Ltd

Acme Pharma Ltd from Welwyn Garden City UK is a small, active company founded eleven years ago. With eight employees and £888,412 in assets, it operates from a real address and is led by one director and owner. The company regularly imports miscellaneous chemical products (17 months) and exports pharmaceutical products (23 months). It's a private limited company registered in England/Wales with the registration number 08999695.

The company's core business revolves around the wholesale of pharmaceutical goods, operating in a competitive market. While no website is listed, this suggests a business-to-business model, likely supplying pharmacies or other pharmaceutical distributors. The lack of an online presence could indicate a focus on established relationships and direct sales.

Financially, Acme Pharma Ltd presents a mixed picture. Current assets have experienced a significant drop of 53%, falling to £890,000. This could be due to increased investment in inventory or delayed payments from customers. Bank borrowings have also increased substantially, rising by 48% to £4,200, which might be a short-term financing solution. However, cash reserves have plummeted by 87%, leaving just £83,000 remaining—a worrying trend. Creditors have also taken a hit, decreasing by 210%, which is unusual and warrants further investigation. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity raises concerns. No auditor is mentioned, likely due to exemption as a small company.

The company’s financials also reveal a reduction in the average number of employees during the period, dropping 25% to six. This could be a response to changing market conditions or a cost-cutting measure. Despite these challenges, the company’s ongoing import and export activity suggest it remains operational, albeit facing financial pressures. The unaudited statements rely on director-reported data, so caution is advised when interpreting the numbers.

Registered in England/Wales under the registration number 08999695, with a registered address at AL7 1AD, England, Welwyn Garden City, Unit 8 Blenheim Court, Brownfields.

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