Dermal Laboratories Limited

Dermal Laboratories Ltd from Loughton UK is a large, holding company with an active status, established 43 years ago. Employing 170 people, the company holds £30,490,748 in assets and generates £42,124,318 in yearly revenue. Despite a virtual address (109 companies registered at the same location), it's managed by two directors and one owner. A 4.0 Google rating from seven reviews suggests a generally positive customer perception. The company regularly imports plastics and plastic products (68 months) and exports essential oils and perfumes (28 months).

The company’s website showcases Dermal as a research and development-focused dermatological treatment provider. It operates as an educational resource for patients prescribed their products, offering information on a range of conditions like eczema, psoriasis, and excessive sweating. The site highlights product lines like Adex Gel, Betacap, and the Doublebase range, catering to healthcare professionals and patients alike. There's a clear focus on innovation and providing solutions for skin and scalp conditions.

Financially, Dermal Laboratories Ltd presents a mixed picture. While revenue increased by a respectable 9.6% to £42 million, net assets decreased by 13% to £41 million. Cash reserves fell by 11% to £6.4 million, and bank borrowings increased by 100% to £5.4 million. Trade debtors grew by 35% to £9.8 million, suggesting potential issues with customer payments. Creditors decreased by 12% to £38 million, which is a positive sign. The company's large size (meeting two of three criteria for a large company) and lack of an auditor (likely exempt) mean the figures are unaudited.

Overall, Dermal Laboratories Ltd is a well-established player in the dermatological market, but the financial data reveals some pressures. The increase in bank borrowings and the decline in cash reserves warrant close monitoring, although the increase in revenue suggests the business is still growing.

Registered in England/Wales under the registration number 01594795, with a registered address at IG10 4PL, Loughton, Essex, Haslers, Old Station Road.

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