Smart Pharm Ltd

Smart Pharm Ltd is a small, active company based in London, UK, established eleven years ago in 2014. With fourteen employees and £1,232,989 in assets, it operates from a real address and is managed by two directors and one owner. The company runs an e-commerce site and irregularly imports ceramic products, with the last import operation occurring just two months ago in February 2024. It operates within the other human health activities industries.

The company’s website is currently unavailable, making it impossible to assess its online presence and specific product offerings beyond the information provided in the report.

Financially, Smart Pharm Ltd’s recent performance presents a mixed picture. While current assets increased by a substantial 55% to £1,200,000, net assets decreased by 16% to £260,000. Bank borrowings surged by 12% to £120,000, and cash reserves grew by a remarkable 88% to £160,000. Creditors also increased significantly, rising by 56% to £1,400,000. Trade debtors decreased by 32%, which could indicate improved collection practices or reduced sales on credit. The company’s small size—meeting two of three conditions to be classified as small—allows for flexibility, but the decline in equity warrants closer scrutiny. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Smart Pharm Ltd appears to be navigating a period of change. The increase in cash reserves is a positive sign, but the rise in creditors and decrease in equity suggest potential financial pressures.

Registered in England/Wales under the registration number 08865278, with a registered address at NW10 7SU, London, Unit 18 Space House, Abbey Road.

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