Prime Pharmacare Ltd
- Small
- Active
- 13 years
- 6 employees
- £2,531,714 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Prime Pharmacare Ltd, based in Stanmore, UK, is a small, active company established thirteen years ago. With six employees and £2,531,714 in assets, it’s a modest operation overseen by a single director and owner. The company operates from a real address and has been importing optical and medical tools and devices for six months, while regularly exporting pharmaceutical products for a substantial 247 months—a testament to its established presence in the market.
The company's activities center around the wholesale of pharmaceutical goods, serving as a crucial link in the supply chain. While a website isn’t available to examine, its core business appears to be B2B rather than direct-to-consumer.
A review of Prime Pharmacare Ltd’s financial data reveals a mixed picture. Accumulated depreciation for computer equipment increased by 26%, while furniture fittings saw a more significant jump of 60%. Bank borrowings decreased considerably, dropping by 87%, which is a positive sign. However, cash bank on hand fell by nearly 50%, suggesting tighter liquidity. Creditors also decreased, which could indicate improved debt management. The company’s size—meeting two of three conditions to be classified as small—allows for agility, but the decline in cash reserves warrants attention. Trade debtors increased by a substantial 93%, which may be due to increased sales or a change in payment terms.
Despite these fluctuations, Prime Pharmacare Ltd appears to be holding its own. The company’s long-standing export activity suggests a stable customer base and established relationships. The lack of an auditor mentioned—likely due to its small size—means the financial statements are unaudited, so the figures should be viewed with some caution.
Registered in England/Wales under the registration number 07644748, with a registered address at HA7 1JS, England, Stanmore, Middlesex, Devonshire House, Honeypot Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Patel Khyati
- 8 years
- 3
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Patel Khyati
- 13 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-05-31Download 8 pages pdf report
-
Confirmation statement made on 2024-05-24 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-05-31Download 7 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Prime Pharmacare Ltd
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