Phytovation Limited

Phytovation Ltd, based in Caernarfon, UK, is a small, active company established twenty years ago in 2004. With thirteen employees and £330,013 in assets, it’s a modest operation led by four directors and a single owner, Beggin Andrew Paul. The company has a real address and is exempt from audit. It’s an irregular importer of machinery, boilers, and mechanical appliances – parts, with just two months of import activity recorded, the last in 2019. Conversely, it’s a regular exporter of mineral fuels, oils, and related products, with three months of export activity, the last in 2017.

Phytovation Ltd specializes in the manufacture of basic pharmaceutical products, specifically the production of standardised senna for use as a laxative. Its website highlights a global reach, with products ending up in pharmacies worldwide, from Swansea to Singapore and Sydney. The company emphasizes its commitment to high-quality production, utilizing state-of-the-art equipment and a locally recruited workforce. The website also details a cookie policy, explaining the use of both first and third-party cookies for website functionality and targeted marketing.

Financially, Phytovation Ltd shows some concerning trends. Current assets decreased by 6.7% to £330,000, while net assets remained stable at £570,000. Bank borrowings increased by 53%, reaching £100,000, and cash reserves saw a significant jump of 320% to £140. Creditors also increased by 8.8% to £220,000, and trade debtors ballooned by 160% to £130,000. 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 increase in bank borrowings and the rise in trade debtors suggest potential cash flow challenges. The lack of an auditor mentioned is typical for a small, exempt company. It’s a bit of a mixed bag, really.

Registered in England/Wales under the registration number 05303208, with a registered address at LL55 2BD, Wales, Caernarfon, Gwynedd, Unit 8 / 9 Cibyn Industrial Estate.

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