Armstrong And North Ltd

Armstrong And North Ltd from Newport UK: small company, active status, founded 6 years ago, 96 employees, £809,964 assets, real address, 4 directors, 2 owners, family business. Irregular importer of electrical machinery and equipment (1 months imported). It’s a small, family-run business with an active trading status. Founded six years ago in 2018, the company employs ninety-six people and holds £809,964 in assets. With a real registered address and four directors at the helm, it’s a tight-knit operation. The firm is an irregular importer, with its top import category being Electrical machinery and equipment, totaling 1 months of imports. The last import operation was conducted on March 01, 2024.

The company operates in the retail sale of hearing aids, the retail sale by opticians industries. Its website, Armstrong's Pharmacy, presents a more expansive picture. It’s a well-established pharmacy with multiple branches and a strong online presence. The site offers a wide range of services, from prescription fulfillment and flu jabs to travel vaccinations and private consultations. It even has a section dedicated to lateral flow Covid tests and Fit to Fly certificates, catering to the post-pandemic travel market. The pharmacy also offers a comprehensive online shopping platform, with competitive prices on a vast selection of health and beauty products.

Financially, Armstrong And North Ltd shows some concerning trends. Current assets decreased by 21%, dropping to £810,000, while net assets increased by 63%, reaching £610,000. Bank borrowings surged by 250%, reaching £450,000, and cash reserves fell 13% to £2,200. Creditors increased significantly, ballooning by 42% to £1,300,000. The number of employees increased by 22%, reaching 120. 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 agile, but the increase in creditors raises questions about its short-term liquidity. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Armstrong And North Ltd is facing some financial pressures, but its pharmacy business appears to be thriving. Whether it can sustain its growth and manage its debts remains to be seen.

Registered in England/Wales under the registration number 11483491, with a registered address at NP20 5NT, Wales, Newport, 8 Waterside Court.

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