M & D Green Dispensing Chemist Limited

M & D Green Dispensing Chemist Limited, based in Glasgow, UK, is a large, active company holding a prominent position in the dispensing chemist industry. Established 24 years ago in 2001, it employs a substantial workforce of 299 people and holds assets valued at £18,607,623. With three directors and one owner, the company operates from a real address and boasts a respectable Google rating of 4.0 based on 15 reviews. It’s a holding company, meaning it likely owns other businesses.

The company's website showcases a wide range of services beyond traditional pharmacy offerings. It operates 42 pharmacies throughout Scotland and offers private services like blood testing, weight loss management, and flu vaccinations. The website also highlights a convenient prescription service app, demonstrating a commitment to modern healthcare solutions. It's a family owned and proud independent business.

Financially, M & D Green Dispensing Chemist Limited exhibits some concerning trends. While cash reserves increased by 33% to £6.2 million, net assets have grown by a substantial 18% to £17 million. However, administrative expenses have surged by a massive 82% to £22 million, and net loss has increased by 5500% to £2.8 million. Bank borrowings have completely vanished, which could be a positive, but it’s also possible the company is relying on other forms of financing. Creditors decreased by 9.9%, which is a good sign. The company’s large size (meeting two of three criteria for turnover over £36 million, balance sheet over £18 million, and employees over 250) means it isn’t subject to a full audit, so the figures are unaudited. The auditor is Azets Audit Services.

Overall, M & D Green Dispensing Chemist Limited appears to be navigating a period of significant change. The expansion of services and the large workforce suggest ambition, but the dramatic increase in expenses raises questions about cost control and profitability. It’s likely the company is investing heavily in growth, but whether these investments will pay off remains to be seen.

Registered in Scotland under the registration number SC215009, with a registered address at G62 8LE, Glasgow, Bankell House Strathblane Road, Milngavie.

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