Bio Molecular Systems Limited

Bio Molecular Systems Limited, based in London, UK, is a large company with an active status, established seven years ago in 2017. Despite having two employees and a virtual address registered with 280 other companies, it operates as a significant importer and exporter. The company is led by one director, with no owners officially listed, which is a bit unusual. It regularly imports machinery, boilers, and mechanical appliances—parts, totaling 27 months of import activity, with the last operation in April 2021. It also exports plastics and plastic products for three months, with the last export in February 2021. The company operates within the other professional, scientific, and technical activities n.e.c. industries.

While the company’s website is not available for analysis, its financial data paints a mixed picture. Assets have decreased by 31%, falling to £440,000, and net assets have also declined significantly, dropping to £440,000. Cash reserves have increased by a substantial 44%, reaching £400,000, which is a positive sign. However, creditors have soared by 300%, jumping to £440,000, and trade debtors have increased by 62%, reaching £170,000. The company’s losses have slightly improved, decreasing by 10% to -£200,000. The average number of employees has remained constant at two.

These numbers suggest the company may be investing heavily in growth, leading to increased debt. The rise in trade debtors could indicate difficulties in collecting payments from customers, or perhaps a deliberate strategy to offer more credit. The increase in creditors could be due to increased purchasing of stock or services. The company’s relatively large size (meeting two of three conditions for a large company: turnover over £36 million, balance sheet total over £18 million, and average number of employees over 250) suggests it has a substantial operation, despite the small workforce. The fact that the accounts are unaudited and described as “filleted” means the information is director-reported and not independently verified. Dixon Wilson Audit Services LLP is the auditor, and Steven Wakefield is the senior statutory auditor.

Registered in England/Wales under the registration number 10914210, with a registered address at WC2A 1LS, United Kingdom, London, 22 Chancery Lane.

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