Adallen Pharma Limited

Adallen Pharma Ltd from Ilford UK: a small, active company founded 23 years ago, employs 12 people, and operates from a virtual address. It’s a family business led by two directors and two owners, and was started by a solo founder. The company regularly imports and exports optical and medical tools and devices, with 17 months of import activity and 52 months of export activity.

The company specializes in comparator drugs for global clinical trials, offering an accurate, responsive, expert, and confidential service. It boasts an extensive worldwide supplier base and a thorough knowledge of the global pharmaceutical market. Its website highlights services including comparator sourcing, medical device supply, logistics, and project management. It also distributes Hemedis’s infusion bags and compounders. Recent news includes attendance at the Clinical Pharmacy Congress, updates to its environmental policy, and a move to a new warehouse partner in Bedford.

Financially, Adallen Pharma Ltd shows some concerning trends. Accumulated depreciation impairment for property, plant, and equipment has decreased significantly, with goodwill fully amortized. Cash bank on hand has fallen by 11% to £1.2 million, and net assets have remained stable at £1.3 million. Trade debtors have increased dramatically, reaching £640,000, while creditors have also risen to £230,000. The company’s small size (meeting two of three conditions for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) helps it stay agile, but the increased debt levels warrant attention. As a small company, it’s exempt from an audit, and the figures are unaudited.

Registered in England/Wales under the registration number 04210685, with a registered address at IG1 1LR, Ilford, Essex, Treviot House, 186-192 High Road.

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