Pharmaquipe Limited

Pharmaquipe Ltd from Maidstone UK: a small, active company founded 16 years ago, employs 11 people, and holds £813,039 in assets. It’s a real address, managed by two directors and two owners. The company regularly imports miscellaneous manufactured goods (for 5 months) and exports miscellaneous food products (for 3 months). 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 manufacture of other food products n.e.c. industries. Its website is not available for review.

Financially, Pharmaquipe Ltd shows some interesting trends. Current assets increased by 7.5% to £810,000, while net assets decreased by 4.1% to £760,000. Bank borrowings increased by 11.0% to £480,000. Creditors increased by 32.0% to £210,000. The company’s small size helps it remain agile, but the equity decrease suggests a need for careful management. No auditor is mentioned, likely due to its status as a small company.

The increase in bank borrowings could be a sign that the company is investing in growth, or it could indicate a need to manage cash flow more effectively. The decrease in equity, however, is a cause for concern and might be linked to increased expenses or reduced profitability. It's possible that the company is facing challenges in maintaining its profit margins, and this is reflected in the decrease in equity.

Registered in England/Wales under the registration number 06714910, with a registered address at ME15 9XN, United Kingdom, Maidstone, Kent, Unit 2 Phoenix Park Coldred Road, Parkwood Industrial Estate.

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