Neem Biotech Ltd

Neem Biotech Ltd, based in Hitchin, UK, is a small holding company with an active status, having been founded 26 years ago in 1998. The company employs seven people and holds £2,982,750 in assets. It operates from a virtual address, registered at an address shared by fifty other companies, and is managed by three directors and one owner. Neem Biotech is an irregular importer of animal feed and food waste, with just one month of import activity recorded back in 2018, and an irregular exporter of natural gums, resins, and plant extracts, with one month of export activity in 2021.

The company’s website highlights its focus on biotechnology research and experimental development. It showcases a legacy rooted in neem tree medicinal purposes, evolving into drug discovery. The site details its expertise in antimicrobial research and development, spin-outs, and partnerships. It even features news updates and scientific publications, demonstrating a commitment to innovation. A section dedicated to “Mariposa Therapeutics,” a new private biotech company, suggests collaborations and expanding reach. The website clearly positions Neem Biotech as a hub for scientific advancement, rather than a direct-to-consumer business.

Financially, Neem Biotech Ltd presents a mixed picture. Current assets have increased slightly to £3,000,000, but net assets have decreased by 2.4% to £1,800,000. Bank borrowings have remained stable, but cash reserves have fallen by 72% to just £14,000. Creditors have decreased significantly, by 93%, which is a positive sign. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in equity is concerning. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Neem Biotech Ltd appears to be navigating a challenging financial landscape. While its scientific focus and partnerships suggest potential for growth, the decline in cash reserves and equity warrants careful monitoring. It's likely that the company is reinvesting in research and development, but whether this will translate into long-term financial stability remains to be seen.

Registered in England/Wales under the registration number 03609233, with a registered address at SG4 0TY, England, Hitchin, Invision House, Wilbury Way.

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