Pharmaelite Ltd

Pharmaelite Ltd from Wembley UK: a small holding company with an active status, was founded twelve years ago in 2012. It employs six people and holds £1,575,133 in assets, operating from a real address in Middlesex. With one director and two owners, the company runs an e-commerce site and enjoys a 5.0 Google rating from twelve reviews. It’s an irregular importer of furniture, lighting, and prefabricated buildings, with just one month of import activity recorded back in 2019.

The company’s website highlights its role as a dispensing chemist in specialised stores, offering a wide range of services from prescription fulfillment to health advice and even travel vaccinations. It operates as a community pharmacy, providing free prescription delivery via royal mail and local drivers. The site also features an online shopping section with supermarket prices, offering items like mosquito nets and nicotine patches. It even has a Pharmacy First service, allowing patients to receive treatment from a pharmacist without a GP appointment.

Financially, Pharmaelite Ltd shows some interesting trends. Creditors increased by a significant 10%, reaching £990,000, while bank borrowings decreased by 4.5%, settling at £330,000. Cash bank on hand also declined by 30%, falling to £25,000. Net assets took a hit, dropping 600% to -£110,000 – a considerable change. While the company meets the criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the decline in equity suggests it may be burning through cash. The accounts are unaudited, as is typical for small companies, and no auditor is mentioned.

Overall, Pharmaelite Ltd appears to be a well-regarded community pharmacy with a strong online presence, but its financial performance indicates a need for careful management and potentially, a review of its cost structure.

Registered in England/Wales under the registration number 08197270, with a registered address at HA9 7ND, Wembley, Middlesex, Unit G04 10 Courtenay Road, East Lane.

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