Glenbio Ltd

Glenbio Ltd, based in Antrim, Northern Ireland, is a small, active company established thirteen years ago in 2012. With eighteen employees and £1,984,267 in assets, it operates from a real address at 10 Kilbegs Road. The company is managed by two directors and has one owner, Mcintosh John. Glenbio specializes in importing and exporting miscellaneous chemical products, with a consistent record of activity over the past 84 months for imports and 51 months for exports. It's a manufacturer of other chemical products n.e.c. industries.

The company’s website highlights its role as a diagnostic reagents manufacturer, offering a wide range of products and instrumentation for clinical chemistry, haematology, and other laboratory applications. Glenbio distributes products from leading brands like Beckman Coulter, Biomerieux, and TOSOH, and also offers its own line of reagents and controls. It also offers veterinary validated assays and controls. The website showcases a comprehensive catalogue, detailing various analysers, reagents, and consumables, catering to healthcare providers and laboratories.

Financially, Glenbio Ltd presents a mixed picture. While bank borrowings decreased by 26%, cash reserves increased significantly by 56% to £830,000. However, net assets grew by only 7.7% to £1,400,000, and trade debtors decreased by 7.4% to £420,000. Creditors increased by 18% to £34,000. The company meets the criteria for a small business, with turnover under £10.2 million and assets under £5.1 million. The lack of an auditor is typical for companies of this size, and the figures are unaudited.

The increase in cash reserves is a positive sign, suggesting improved liquidity. However, the slight decrease in debtors and increase in creditors could indicate challenges in managing working capital. The company’s focus on importing and exporting chemical products, combined with its distribution of diagnostic reagents, positions it within a competitive market. The company’s continued growth and success will likely depend on its ability to maintain strong relationships with suppliers and customers, and to adapt to changing market conditions.

Registered in Northern Ireland under the registration number NI610700, with a registered address at BT41 4NN, Northern Ireland, Antrim, 10 Kilbegs Road.

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