Connect2pharma Ltd

Connect2pharma Ltd, based in Croydon, UK, is a small, active holding company founded nine years ago in 16 September 2015. It employs four people and holds £806,887 in assets. The company operates from a virtual address, registered with twenty-two other businesses at the same location, and is managed by three directors and two owners. Connect2pharma also runs an e-commerce site and regularly imports optical and medical tools and devices, with 14 months of import activity recorded, the last in November 2024.

The company’s activities include management consultancy and human health services. Its website suggests a focus on pharmaceutical services, although details are limited. It’s a small company, meeting two of three conditions for size: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Connect2pharma Ltd shows a mixed picture. Current assets have significantly increased, jumping 140% to £810,000, while bank cash has tripled to £330,000. Creditors have doubled to £270,000, and trade debtors have also risen by 100% to £250,000. Equity has seen a substantial increase, jumping 170% to £540,000. Despite these positive trends, the company’s retained earnings and accumulated losses remain unchanged. The lack of an auditor is likely due to its small size, meaning the financial statements are unaudited.

The company’s growth in assets and equity suggests it’s managing its finances well, although the increase in creditors could indicate a reliance on short-term borrowing. It’s likely that the company is experiencing a period of expansion, but it’s important to monitor its debt levels in the coming years.

Registered in England/Wales under the registration number 09780641, with a registered address at CR0 1DN, United Kingdom, Croydon, Surrey, 16 South End.

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