Medspack Ltd

Medspack Ltd, based in London, UK, is a small, active company founded six years ago in 2018. Employing seventeen people and holding assets of £1,258,181, it operates from a real address in Sheen Lane. With two directors and two owners, the company functions as an irregular importer, specializing in machinery, boilers, and mechanical appliances—parts, with its latest import activity occurring just two months ago in June 2024. The company operates in the other human health activities industries.

The company’s website reveals a unique pharmacy service: MedsPack delivers pre-sorted medications directly to customers’ doors. This service, available throughout the US, aims to simplify medication management for individuals, particularly those with chronic conditions or mobility challenges. Customers can refill prescriptions online or via a mobile app, receiving clearly labeled packets delivered monthly. The site emphasizes convenience, accuracy, and personalized care, with features like free delivery, contactless packaging, and counseling services. It even caters to travelers with handy packs for on-the-go medication management.

Financially, Medspack Ltd presents a mixed picture. While cash reserves increased by a significant 110% to £720,000, current assets declined by 18% to £1,300,000. Bank borrowings decreased by 12% to £1,100,000, and creditors fell by 13% to £1,100,000. Trade debtors, however, experienced a substantial 55% drop to £170,000. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in debtors suggests potential payment issues. Accumulated Amortisation Impairment Intangible Assets increased by 25%, and Accumulated Depreciation Impairment Property Plant Equipment increased by 100%. The company is exempt from an audit.

Registered in England/Wales under the registration number 11579248, with a registered address at SW14 8AE, England, London, 113 Sheen Lane.

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