Perennial Pharma Ltd

Perennial Pharma Ltd from Hatfield UK: small company, active status, founded 6 years ago, 2 employees, £2,471,599 assets, real address, 1 director, 1 owner. Irregular importer of pharmaceutical products (2 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the wholesale of pharmaceutical goods industries. Officially, it has one owner or PSCs, one director, and two employees.

Perennial Pharma’s website paints a picture of a business focused on pharmaceutical wholesale, distribution partnerships, hospital supply, and even co-development projects. It's not a traditional e-commerce site; instead, it functions as a detailed brochure showcasing its services and expertise. The company leverages strong relationships within the UK market to offer a growing range of medicines, whether its own or from other manufacturers. It caters to various channels, including wholesale, pharmacy chains, independent pharmacies, and hospital sales. The site highlights its commitment to affordable medicines for the NHS and welcomes development partners to achieve common goals. It even has a division that supports UK companies exporting generics to wider markets.

Financially, Perennial Pharma Ltd shows some interesting trends. While current assets increased by a solid 50% to £2.5 million, equity took a significant hit, dropping 48% to £670,000. Bank borrowings remained constant at £660,000. Creditors increased by 45%, reaching £2.2 million, and trade debtors doubled to £1.8 million. The number of employees increased by 100%, from two to four. The company’s small size helps it stay agile, but the decline in equity raises questions. With no auditor mentioned, the figures rely on unaudited statements.

It seems Perennial Pharma is navigating a period of growth, evidenced by increased assets and employees. However, the rise in creditors and a decrease in equity suggest it’s possibly burning through cash to fuel that expansion. The company’s irregular import activity—just two months of pharmaceutical product imports—indicates a more selective approach to sourcing.

Registered in England/Wales under the registration number 11826246, with a registered address at AL10 9NA, England, Hatfield, Hertfordshire, 2nd Floor Titan Court, 3 Bishop Square.

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