Gluco Rx Limited

Gluco Rx Limited, based in Guildford, UK, is a holding company with an active status, established fourteen years ago in 2011. Employing forty-eight individuals, the company boasts significant assets totaling £86,311,709. While registered at a location shared by ten other companies, suggesting a virtual address, it operates with three directors and two owners, whose lists were recently updated. The company regularly imports and exports optical and medical tools and devices, with nineteen months of import activity and twenty-five months of export activity.

The company’s website, GlucoRx Pharmacy, presents itself as an independent NHS Community Pharmacy offering a wide range of products, medicines, and services. It highlights services like free NHS prescription services, weight loss programs, erectile dysfunction treatments, and a travel clinic. The pharmacy also offers convenient online ordering, repeat prescription services, and health advice. It’s clear they are focused on a retail pharmacy model, with an emphasis on customer convenience and a broad service offering.

Financially, Gluco Rx Limited shows some concerning trends. While turnover remains steady, net assets have decreased, and cash reserves have fallen by a considerable 85%, leaving just £3.8 million in cash. Bank borrowings have also decreased, but administrative expenses increased by 5.5%. The company’s significant assets are partially offset by increased creditors, suggesting a need to manage short-term liabilities. It’s worth noting that the company’s auditor, Cheesmans, hasn’t been mentioned in the financial report. Despite these challenges, the company’s strong asset base and ongoing import/export activity suggest it’s not facing immediate collapse, but the decrease in cash reserves warrants closer monitoring. The company’s reliance on a virtual address, while common, could also raise questions about its operational stability.

Registered in England/Wales under the registration number 07513682, with a registered address at GU3 2DX, England, Guildford, Surrey, 1c Henley Business Park, Pirbright Road.

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