Medrx Pharmaceuticals Ltd

Medrx Pharmaceuticals Ltd, based in Farnham, UK, is a small holding company with an active status. Founded nine years ago, it employs just two people and holds assets totaling £1,806,287. The company, with three directors and one owner, operates an e-commerce site and has garnered a perfect 5.0 Google rating from five reviews. It’s a regular importer of pharmaceutical products, with four months of import activity recorded, the latest in October 2024.

The company’s website, Medex Pharmaceuticals, presents itself as a trusted global pharmaceutical distributor, specializing in branded and generic medicines, vaccines, and cold chain products. It highlights 25 years of experience, a strong regulatory standing (MHRA WDA H 55343 approval), and a network of international partners. The site emphasizes its ability to source hard-to-find medications and offers a range of services, including logistics support and temperature-controlled shipping. The company also boasts a blog section with industry insights and news.

Financially, Medrx Pharmaceuticals Ltd shows a mixed picture. While cash reserves increased significantly by 630% to £74,000, current assets decreased by 4.6% to £1,800,000. Trade debtors increased dramatically by 200%, reaching £1,600,000, which could indicate challenges in collecting payments. Equity also saw a substantial increase of 310%, reaching £71,000, likely driven by retained earnings. Creditors, however, rose by 160% to £190,000. 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 agility, but the rise in trade debtors warrants attention. No auditor is mentioned, as the company is likely exempt due to its size.

Overall, Medrx Pharmaceuticals Ltd appears to be navigating a period of growth, but with some financial pressures. Its focus on international sourcing and regulatory compliance positions it well in the pharmaceutical market, but managing its trade receivables will be key to maintaining financial stability.

Registered in England/Wales under the registration number 10078288, with a registered address at GU9 7LW, England, Castle Street, Farnham, Surrey, 9 St. George's Yard,.

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