Neoceuticals Limited

Neoceuticals Limited is a small, active company based in London, UK, founded twenty years ago in 2005. With £1,605,717 in assets and a virtual registered address (shared by seventeen other companies), it’s a solo-founded operation managed by three directors and a single owner. The company operates in the manufacture of basic pharmaceutical products industries, and is an irregular importer, with its top import category being printed materials like books, newspapers, and pictures, totaling 2 months of imports. The last import operation was conducted on January 01, 2025.

The company's website, though not fully detailed, suggests a focus on pharmaceutical products, with a profile page highlighting its legal name, address, and isicV4 code. It also lists three employees: a professor of chemistry, a managing director, and an accountant. Yi Hong is listed as a funder.

Financially, Neoceuticals Limited shows a mixed picture. Cash bank on hand increased significantly by 120%, reaching £830,000, while current assets grew by 68% to £1,600,000. However, creditors also surged by 120%, reaching £380,000, and trade creditors increased dramatically by 540% to £220,000. Equity, however, saw a substantial increase of 57%, reaching £1,200,000. 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 it to remain agile, but the increase in creditors and the rise in net losses should be monitored. The company’s accounts are audited, and Azets Audit Services Limited served as the auditor.

Despite the growth in assets, the increase in debt suggests the company may be burning through cash to fuel expansion, or perhaps facing increased operating costs. The lack of employees, despite the growth in assets, could indicate a reliance on outsourcing or automation. It's likely that the company is facing some challenges, but it's also showing signs of growth and potential.

Registered in England/Wales under the registration number 05421610, with a registered address at E14 5NR, United Kingdom, London, Level 18 40 Bank Street, Canary Wharf.

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