Oncodrug Ltd

Oncodrug Ltd, based in Macclesfield, UK, is a small, active company founded three years ago. With 19 employees and £4,142,547 in assets, it operates from a real address and is overseen by three directors and two owners. The company regularly imports machinery, boilers, and mechanical appliances, with parts imported most recently in January 2025.

The company’s activities appear to center around “other professional, scientific and technical activities n.e.c.”, a broad category suggesting a diverse range of services. While no website is listed, this indicates a business-to-business model rather than direct consumer sales.

Financially, Oncodrug Ltd presents a mixed picture. While net assets increased by a substantial 63% to £2,700,000, other key indicators suggest caution. Cash reserves grew by 10% to £3,800,000, but bank borrowings remained steady at £1,100,000. Creditors decreased significantly by 59%, which is a positive sign of improved debt management. Trade debtors, however, increased by 6.4%, potentially indicating slower customer payments. The company’s size—meeting two of three conditions for a small company—allows for agility, but the decrease in accrued liabilities by 92% is a bit concerning. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Oncodrug Ltd seems to be growing, but it’s important to monitor its cash flow and debtor management closely. The increase in net assets is encouraging, but the company should be mindful of its financial obligations and ensure it maintains a healthy balance sheet.

Registered in England/Wales under the registration number 13542017, with a registered address at SK10 4TG, United Kingdom, Macclesfield, Block 3 Second Floor, Alderley Park.

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