Delex Supplies Ltd

Delex Supplies Ltd from Sidcup UK: a small, active company founded two years ago, holds £75,981 in assets, and operates from a real address. It’s a solo-founded venture with two directors and one owner, and regularly imports drinks, alcohol, and vinegar – a consistent pattern over the last 11 months. The company's status is active.

The business operates as a pharmaceutical distributor and supplier, with a strong presence in the hospital channel, even claiming to be the third largest. Its website, Delex Pharma, showcases a wide range of products, including critical care, anti-infective, and anesthesia supplies, alongside a focus on distribution and partnerships. It also runs forums for medical professionals and offers training programs – "Delex University" – and even an online pharmacy. The site emphasizes its Filipino ownership, ISO 9001 certification, and partnerships with global manufacturers. It’s a quite large operation.

Financially, Delex Supplies Ltd presents a mixed picture. Current assets are steady at £76,000, but net assets are a modest £4,900. Bank borrowings are significant at £53,000, and cash reserves are a modest £8,700. Creditors remain stable at £71,000, and trade debtors are a steady £16,000. The company meets two of three criteria to be considered small: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to the small company exemption.

The company’s reliance on bank borrowings and relatively low cash reserves suggest it’s operating with tight margins. While the pharmaceutical distribution business appears well-established, the financial data hints at potential challenges in maintaining profitability. It’s a bit of a gamble, but the company seems to be holding on.

Registered in England/Wales under the registration number 14791989, with a registered address at DA14 6JQ, United Kingdom, Sidcup, 5 Eynswood Drive.

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