Prince Pharmacy Limited

Prince Pharmacy Holistic Health, based in London, UK, is a small, active company founded thirteen years ago in 2012. With twenty-eight employees and £1,840,076 in assets, it operates from a virtual address—a fact highlighted by the presence of 192 other companies registered at the same location. The business is led by three directors and owned by a solo founder, Ojjeh Ali. It regularly imports essential oils and perfumes (four months of activity, last import in October 2024) and occasionally exports them (one month of activity, last export in January 2016).

The company’s website, Prince Pharmacy Holistic Health, presents a curated health hub offering a shop, medispa, and pharmacy services. It’s clear that the business is focused on e-commerce, with a wide range of products available, including skincare, supplements, and CBD items from brands like MBR Skincare and Flye. The website emphasizes expert consultations and personalized wellness journeys, positioning the pharmacy as more than just a retail outlet. It’s a modern, well-designed site with a focus on visual appeal and user experience.

Financially, Prince Pharmacy Holistic Health shows some concerning trends. Cash reserves dropped by 19% to £1,200,000, while net assets decreased by 9.1% to £420,000. Creditors increased significantly by 30%, reaching £1,400,000, and bank borrowings surged by 2,400% to £29,000. Trade debtors remained relatively stable, suggesting consistent customer payments. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the increase in liabilities is something to watch. No auditor is mentioned, which is common for small, exempt companies.

Overall, Prince Pharmacy Holistic Health appears to be a growing business with a strong online presence, but the recent financial data suggests it may be burning through cash faster than it’s generating revenue. The company’s reliance on a virtual address and the lack of a dedicated audit team could also raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 07968894, with a registered address at EC3M 7AF, United Kingdom, London, The Scalpel, 18th Floor, 52 Lime Street.

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