Pharma Machines Limited

Pharma Machines Ltd from East Grinstead UK: small company, active status, founded 49 years ago, 4 employees, £453,481 assets, real address, 1 director, 1 owner. Regular importer of machinery, boilers, and mechanical appliances; parts (17 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (58 months exported). 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 last reported current assets is £453,481.

Pharma Machines Ltd specializes in supplying used pharmaceutical processing and packaging machinery. Their website showcases a range of equipment, including cone mills, tablet presses, capsule fillers, and tube fillers, all available for sale or export. They cater to a broad spectrum of industries, from pharmaceutical and nutraceutical to cosmetic and food production, offering machines suitable for laboratory research through to large-scale production. The company emphasizes the viability of used equipment as an alternative to expensive new machinery, highlighting their experience and qualified staff to ensure machines are in excellent technical order. They even offer demonstrations with customers’ product or packaging materials.

Financially, Pharma Machines Ltd shows a mixed picture. Current assets grew by 25% to £450,000, while net assets increased by 1.7% to £320,000. Cash bank on hand saw a significant jump, up 41% to £270,000, which is good news. However, creditors ballooned by 100% to £160,000, which could indicate increased reliance on short-term financing. The company’s small size (meeting two of three criteria) helps it stay flexible, but the rise in creditors warrants attention. The accounts are abridged and unaudited, and no auditor is mentioned, which is common for companies of this size. It’s a bit strange that the number of employees dropped by 25% to just three, but that could reflect a restructuring or automation of processes.

Registered in England/Wales under the registration number 01225678, with a registered address at RH19 2HU, East Grinstead, West Sussex, 12 Charlwoods Road.

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