Orifarm Uk Ltd

Orifarm UK Ltd, based in Hemel Hempstead, is a large, active company founded nine years ago. With nine employees and £20,039,009 in assets, it operates from a real address and is led by two directors, owned by four individuals, and functions as a family business. The company regularly imports and exports pharmaceutical products, having imported for 18 months and exported for 5 months.

The company’s website showcases a business focused on wholesale pharmaceutical distribution across Europe. It doesn’t appear to be an e-commerce site directly selling to consumers; instead, it presents information about Orifarm’s operations, mission, history, and career opportunities. News and media sections highlight strategic investments, partnerships, and awards, demonstrating a focus on growth and recognition within the industry. The site also provides details on its presence in various European countries, with dedicated pages for each region, and a comprehensive FAQ section. Locations are listed with addresses and contact information, further reinforcing its international reach.

Financially, Orifarm UK Ltd’s report reveals some interesting trends. Bank borrowings have completely disappeared, a positive sign, and cash reserves have increased significantly to £1.9 million—a welcome boost. However, current assets have decreased by 13% to £20 million, and net assets have risen by 50% to £6.1 million. Trade debtors have fallen by 32%, suggesting better collection of payments, but administrative expenses have decreased by 34% to £3 million. A significant increase in staff costs, up 49% to £1.3 million, likely reflects investment in its workforce. The company’s auditor, Westmore Accounting Limited, hasn’t been mentioned in the report.

Overall, Orifarm UK Ltd seems to be in a stable financial position, benefiting from reduced debt and increased cash reserves. The decrease in current assets could be a temporary fluctuation, and the increase in staff costs suggests investment in future growth.

Registered in England/Wales under the registration number 10015046, with a registered address at HP2 4TZ, England, Hemel Hempstead, Ground Floor, Suite A2 Breakspear Way, Breakspear Park.

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