Bioconnections Ltd

Bioconnections Ltd, based in Wetherby, UK, is a small, family-run business with an active status. Founded seven years ago in 2017, it employs six people and holds £227,731 in assets. Operating from a virtual address—where 101 companies are registered—the company is managed by four directors and owned by two individuals, Denton Janet and Denton Kenneth. It’s a regular importer of miscellaneous chemical products, with 65 months of import activity recorded, and a irregular exporter, with just one month of export activity in July 2024.

The company’s website reveals a focus on microbiological products and antibiotic resistance, with a range of products including reference strains, parasite detection kits, and rapid diagnostic tests. It seems to be a B2B supplier, targeting laboratories and healthcare providers. The website highlights its eazyplex range of molecular diagnostic tests, and offers online presentations and visits to showcase its offerings—a nice touch. The company operates in the wholesale of pharmaceutical goods industries.

Financially, Bioconnections Ltd shows a mixed picture. Current assets have decreased by 6.1% to £230,000, while trade debtors have increased by 19% to £75,000. Cash bank on hand has seen a significant drop of 56%, falling to £40,000. Equity has also declined by 46%, reaching £74,000. Creditors have remained relatively stable at £310,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 25 employees) helps it stay nimble, but the drop in equity is a concern. No auditor is mentioned, likely due to its status as a small company.

Overall, Bioconnections Ltd seems to be facing some financial headwinds, with declining cash reserves and equity. However, its focus on a specialized market—microbiological diagnostics—and its B2B sales model could provide a buffer against broader economic pressures. It's a business that’s probably working hard to maintain its position in a competitive industry.

Registered in England/Wales under the registration number 11078545, with a registered address at LS22 6LE, United Kingdom, Wetherby, West Yorkshire, C/O Brays Riverview Court, Castle Gate.

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