Hyperchem Limited

Hyperchem Limited, based in London, UK, is a well-established holding company with an active status, having operated for 40 years. Employing 56 people, the company holds assets worth £3,497,464 and generates an annual revenue of £12,603,021. Despite its size, Hyperchem utilizes a virtual address, with 59 other companies registered at the same location, which raises some questions. The company is managed by two directors and has one owner, although this owner list may not be exhaustive. It boasts a solid Google rating of 4.0 based on 39 reviews. Hyperchem is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with the last import occurring just one month ago.

The company operates as a dispensing chemist in specialised stores, and its website details a retail pharmacy business. While the website doesn't explicitly showcase e-commerce functionality, it provides information about services and locations, suggesting a traditional brick-and-mortar operation. It’s clear the company focuses on providing pharmacy services to its customers.

Financially, Hyperchem’s recent performance presents a mixed picture. While turnover increased significantly by 73%, reaching £13 million, net assets decreased, and losses deepened. Cash reserves have fallen considerably, and trade debtors have increased, indicating potential issues with customer payments. Bank borrowings have also increased, suggesting the company is relying on external financing. Despite these challenges, creditors have decreased, which could be a sign of improved debt management. The company is small, meeting two of three criteria for being a large company, and no auditor is mentioned, so the financial statements are unaudited.

The company's increased turnover could be a result of increased demand for pharmacy services, but the decrease in cash reserves and the increase in debt suggest it’s burning through money. The rise in trade debtors may be a sign that customers are taking longer to pay, which could strain the company's cash flow.

Registered in England/Wales under the registration number 01818053, with a registered address at E17 4EE, England, London, Sterling House Fulbourne Road, Walthamstow.

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