Jubilee Pharmacy Limited

Jubilee Pharmacy Ltd from Wednesbury UK is a small, active company founded ten years ago in 2014. Employing twelve people, it holds £959,958 in assets and operates from a real address. The business is a family-run operation with five directors and three owners, and it runs an e-commerce site alongside its physical pharmacy. It has a respectable Google rating of 4.0 based on 24 reviews. The company is an irregular importer of organic chemicals, with just one month of imports recorded as of July 2024.

The pharmacy’s website showcases a wide range of services, including vaccinations, travel clinics, ear wax removal, and repeat prescriptions. It also offers a travel disease check, blood pressure checks, and a contraception service. Customers can order online and receive free prescription delivery. The site also features health advice, news, and a blog, reinforcing its commitment to customer education and well-being. There is a section for planning a trip abroad, which allows customers to enter travel details to see rules and regulations for testing and isolation.

Financially, Jubilee Pharmacy Ltd shows a mixed picture. Current assets decreased by 10% to £960,000, while equity plummeted 66% to just £21,000. Bank borrowings increased by 47%, reaching £140,000, and cash reserves rose by a significant 98% to £32,000. Creditors remained relatively stable. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity is concerning. No auditor is mentioned, likely due to its status as a small company.

Overall, Jubilee Pharmacy Ltd appears to be a well-regarded community pharmacy with a growing online presence, but its financial performance suggests it’s facing some challenges. The increase in bank borrowings and the decline in equity warrant close monitoring, but the rise in cash reserves provides a little breathing room.

Registered in England/Wales under the registration number 09199834, with a registered address at WS10 7AR, Wednesbury, 2 Upper Russell Street.

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