Ims Euro Limited

Ims Euro Ltd, based in Stockport, UK, is a sizable holding company with an active status, celebrating 23 years in business. Employing 74 people, the company manages assets worth £13.8 million and generates revenue of £27.2 million annually. It operates from a real address and is led by one director and owner, running an e-commerce site and regularly importing and exporting optical and medical tools and devices (348 months of imports and 144 months of exports). Google users rate it a perfect 5.0 based on ten reviews.

The company’s core business revolves around the wholesale of pharmaceutical goods, and it appears to be a significant player in this sector. It's a large company, meeting two of three criteria: turnover exceeding £36 million, a balance sheet total surpassing £18 million, and having more than 250 employees. The website, while not providing detailed product information, suggests a focus on medical and pharmaceutical supplies.

However, recent financial data reveals some concerning trends. Accrued liabilities have risen sharply by 130% to £1.5 million, while amortisation of computer software has increased by 33%. Bank borrowings have also jumped, reaching £39,000. On a positive note, cash reserves have grown significantly, increasing by 360% to £1.3 million. Despite this, net assets have still declined by 15%, and turnover revenue has only increased by 40%.

The company’s creditors have increased by 100%, and trade debtors have also risen by 43%. The company’s dividend payments have dropped by a substantial 83%, which could be a sign of reduced profitability or a strategic decision to retain earnings. The company’s tax expense has increased by 85%, and it's been noted that the company has not claimed exemption from reporting disclosure related party transactions.

While Ims Euro Ltd maintains a strong presence in the pharmaceutical wholesale market and boasts a high Google rating, the financial data suggests it's facing some challenges. The increase in liabilities and decrease in net assets warrant close monitoring, but the growth in cash reserves provides some breathing room. The lack of an auditor mentioned suggests that the company is exempt from an audit, and the financial statements are unaudited.

Registered in England/Wales under the registration number 04247118, with a registered address at SK3 0XA, United Kingdom, Stockport, Europa Business Park Bird Hall Lane, Cheadle Heath.

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