Medipharma Group Ltd

Medipharma Group Ltd, based in Andover, UK, is a holding company with an active status, established nine years ago. The company employs four individuals and holds assets totaling £2,236,815. It operates from a real address and is managed by five directors and two owners, reflecting a family-run business with an e-commerce site. The company regularly imports miscellaneous chemical products (for ten months) and exports miscellaneous food products (for 128 months).

The company's website showcases a network of 34 pharmacies across London, Kent, Surrey, and West Sussex. These branches offer a wide range of services, including NHS and private prescriptions, vaccinations, blood pressure checks, and even a contraceptive service. The website also features an online shop selling over 8,000 items, from mosquito nets to nicotine patches, and offers free prescription delivery. A key feature is the ability to order lateral flow COVID tests, and the company provides a free demo of its pharmacy website app platform.

Financially, Medipharma Group Ltd shows some concerning trends. While average employee numbers remained steady at four, cash and cash equivalents dropped significantly by 77%, falling to £96,000. Net assets also decreased, although less dramatically, to £11 million. Liabilities increased, with accrued liabilities rising by 13%, and bank borrowings increasing by a substantial 13%. Despite this, the company’s turnover increased by 9.9%, suggesting that sales are up, but profitability is under pressure. The company’s auditor is Old Mill Audit Limited. The decrease in cash reserves, alongside increased liabilities, could indicate the company is burning through cash, although the increase in turnover suggests it is managing to generate more sales.

Registered in England/Wales under the registration number 09966815, with a registered address at SP11 8HU, United Kingdom, Andover, Unit 21-22 Mayfield Avenue Industrial Park, Fyfield Road, Weyhill.

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