Biopharma Laboratories (uk) Limited

Biopharma Laboratories (uk) Limited, based in Hertford, UK, is a small, active company founded 17 years ago. With just two employees and £310,285 in assets, it operates from a virtual address – a detail flagged by the presence of 213 other companies registered at the same location. The company is led by two directors, with Chambers Matthew Douglas as the sole owner and solo founder, and holds a respectable Google rating of 4.0 based on four reviews. It regularly imports plastics and plastic products (13 months) and exports essential oils and perfumes (31 months).

The company's core business revolves around supplying capital equipment to the pharmaceutical, biotech, and food processing industries across the UK and Ireland. Its website showcases a wide range of products, from freeze dryers and bioreactors to high-pressure homogenisers and analytical instruments. Notably, it also offers lyophilization training courses and CDMO services, suggesting a broader scope beyond just equipment sales. The website doesn't explicitly indicate e-commerce functionality; instead, it appears to be a catalog and information portal for potential clients, with a focus on building relationships and providing technical expertise.

Financially, Biopharma Laboratories (uk) Limited presents a mixed picture. Current assets have decreased by 17% to £310,000, while net assets have plummeted 21% to -£290,000. Bank borrowings have been reduced by 22%, which is a positive sign, but cash reserves have fallen significantly by 88% to just £4,000. Creditors have also increased by 5.2%, which could be due to increased purchasing activity. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, so the financial statements are unaudited.

The sharp decline in cash reserves and the negative equity raise concerns about the company’s financial health, suggesting it may be burning through money. However, the reduction in bank borrowings indicates some success in managing debt. The company's reliance on a virtual address and the lack of auditor information adds a layer of uncertainty to its financial standing. It's likely that the company is focusing on building relationships and providing specialized services, but sustaining this model will depend on securing new contracts and managing its cash flow effectively.

Registered in England/Wales under the registration number 06380604, with a registered address at SG14 1BP, Hertford, Hertfordshire, Belfry House, Bell Lane.

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