Mamedica Dispensary Limited

  • Small
  • Holding
  • Active
  • 3 years
  • 3 employees
  • £1,663,209 (assets)
  • Real address
  • 1 director
  • 1 owner
  • Regular importer
  • Rating 4.0 (506)

Field of Operation

Wholesale of pharmaceutical goods
46460 4734 companies

Website

Social media

Summary

Mamedica Dispensary Limited, based in Harpenden, UK, is a small holding company with an active status. Established three years ago in August 2021, it employs just three people and holds £1,663,209 in assets. The company operates from a real address shared by three other businesses, overseen by one director and one owner. It maintains a strong Google rating of 4.0 based on 506 reviews. Mamedica Dispensary is an irregular importer, primarily dealing with miscellaneous chemical products, with the last import operation occurring in May 2024.

The company’s core business revolves around the wholesale of pharmaceutical goods, indicating a focus on B2B operations rather than direct consumer sales. There's no website available to analyze, so it's difficult to determine if the company operates an e-commerce platform or relies solely on wholesale distribution channels.

Financially, Mamedica Dispensary Limited presents a mixed picture. While current assets increased by a substantial 350% to £1,700,000, net assets decreased by 65% to -£160,000. Bank borrowings have surged by 820%, reaching £820,000, and cash reserves rose by 82% to £27,000. Creditors increased significantly, rising by 200% to £980,000, while trade debtors increased by 690% to £1,400,000. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The significant increase in bank borrowings and decrease in equity suggests the company may be burning through cash to fuel growth or manage operational expenses. The substantial increase in trade debtors could indicate difficulties in collecting payments from customers, or perhaps an intentional strategy to offer extended credit terms. With no auditor mentioned, the financial statements are unaudited.

Overall, Mamedica Dispensary Limited appears to be a small, growing company facing some financial pressures. The increase in bank borrowings and decrease in equity are concerning, but the increase in current assets suggests the company is generating revenue. Whether it can sustain this growth trajectory remains to be seen.

Registered in England/Wales under the registration number 13570757, with a registered address at WC1V 6NX, United Kingdom, London, 20 Midtown.

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

Owners & PSC

  • 3 years
  • 1
  • 75%+

Managers

  • 3 years
  • 3
Director

Last reports

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Last news

  1. Resolutions
  2. Registered office address changed from Rothamstead Research West Common Harpenden AL5 2JQ England to 20 Midtown London WC1V 6NX on 2025-05-19
  3. Unaudited abridged accounts made up to 2024-08-31
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Importer profile by HS codes

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Last imported products

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