Bdd Pharma Ltd

Bdd Pharma Ltd, based in Glasgow, UK, is a small holding company with an active status, having been incorporated 24 years ago in November 2000. Employing 27 people, the company holds assets totaling £2,432,697. It operates from a real address within Glasgow Royal Infirmary and is overseen by six directors and a single owner. The company irregularly imports plastics and plastic products (one month of imports in June 2024) and exports pharmaceutical products (one month of exports in April 2021).

Bdd Pharma's core business revolves around contract research and development within the biotechnology industry. Its website highlights a comprehensive suite of services, including formulation development, GMP manufacturing, and Phase 1 clinical trials. The company emphasizes its “Lean Clinical Development” approach, aiming to accelerate drug development timelines and reduce costs by integrating services and streamlining processes. It offers services ranging from early-stage formulation development to clinical trials, with a particular focus on Phase 1 studies. The site also features case studies and testimonials from clients, showcasing its expertise and collaborative approach.

Financially, Bdd Pharma Ltd’s recent performance presents a mixed picture. While net assets have remained relatively stable, cash bank holdings have seen a dramatic increase of 810%, jumping to £1.1 million. However, trade debtors have also risen significantly by 55%, reaching £1.3 million, suggesting potential challenges in collecting payments. Creditors have decreased by 24%, which could indicate improved debt management. The company’s small size—meeting two out of three criteria for a small company—allows for agility, but the increase in debt should be monitored. The company’s bank borrowings have also increased significantly. No auditor is mentioned, likely due to its status as a small company.

Overall, Bdd Pharma Ltd appears to be a dynamic company operating in a specialized niche. While its financial performance shows some volatility, its focus on innovation and efficiency positions it for continued growth—although it’s important to watch its debt levels.

Registered in Scotland under the registration number SC212868, with a registered address at G4 0SF, Scotland, Glasgow, Bio Imaging Unit, Basement Medical Block Within Glasgow Royal Infirmary, 84 Castle Street.

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