Pharmsouth Limited

Pharmsouth Ltd from Southampton UK: a small, active company founded 17 years ago, employs five people, and holds £243,072 in assets. It’s a family business with two directors and two owners, operating from a real address. The company regularly imports optical and medical tools and devices (for six months) and exports machinery, boilers, and mechanical appliances (for 53 months).

Pharmsouth Ltd specializes in innovative machine design and automation, catering to the suture, medical device, and pharmaceutical industries. Its website showcases a range of special-purpose machinery, including braid inspection machines, suture coating lines, and electronic attaching systems. They offer consultancy, design, and process engineering services, even providing rapid prototyping using 3D printing. A key aspect of their business is supporting clients with factory layout and project support, as evidenced by their work in Bangladesh and France. The company also has a website called Pharmsouth SUTURE which advertises the latest suture innovations.

Financially, Pharmsouth Ltd presents a mixed picture. Current assets increased by 14% to £240,000, while net assets rose by 16% to £230,000. Cash bank on hand saw a significant boost, increasing by 27% to £190,000. However, trade debtors decreased by 13%, and other inventories fell by 36%, suggesting potential challenges in managing customer payments and stock levels. Bank borrowings decreased by 70%, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the fluctuations in debtor and inventory levels warrant close monitoring. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

Registered in England/Wales under the registration number 06361170, with a registered address at SO31 7AQ, England, Southampton, 29 Woodlands Close, Sarisbury Green.

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