Nexcape Pharmaceuticals Ltd

Nexcape Pharmaceuticals Ltd, based in London, UK, is a small, active holding company established twelve years ago. With six employees and £2,071,171 in assets, it operates from a virtual address – a detail flagged by the registration of 28,807 other companies at the same location. The company is led by two directors and two owners, although the owner list hasn's been updated for seven years. Nexcape Pharmaceuticals is a regular importer of pharmaceutical products, with 8 months of import activity recorded, and a consistent exporter, having exported for 52 months, with the last export operation made in February 2025.

The company’s website currently displays a “under maintainance” message, indicating a temporary pause in online operations. This suggests a possible shift in strategy or a period of internal restructuring, but the lack of further details leaves its current activities unclear.

Financially, Nexcape Pharmaceuticals Ltd presents a mixed picture. While its assets remain relatively stable, key indicators point to a concerning trend. Cash reserves have drastically declined by 99%, plummeting to just £55, and net assets have fallen by a substantial 86%, leaving a negative equity of £46,000. Trade debtors have increased by 21%, which could indicate difficulties in collecting payments. Creditors have also risen by 2.6%, and net current assets have shifted from a positive £100,000 to a negative £100,000. Despite these challenges, the company’s small size – meeting two of the three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) – allows for agility. The lack of an auditor mentioned, likely due to its small size, means the figures are unaudited.

In conclusion, Nexcape Pharmaceuticals Ltd is facing financial headwinds, with declining cash reserves and negative equity. While its core business of importing and exporting pharmaceutical products appears to continue, the company needs to address its financial challenges to ensure long-term sustainability.

Registered in England/Wales under the registration number 08290141, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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