Springpharm Limited

Springpharm Limited, based in Tamworth, UK, is a small, active company established 22 years ago. With 44 employees and £271,652 in assets, it’s a family-run operation led by a single director and owner, Burr Andrew James. The company operates from a real address and is classified as a solo founder. Springpharm imports and exports optical and medical tools and devices, though activity is irregular – two months of imports and one month of exports recorded. The business also runs a pharmacy in Tamworth, England, and is registered with the number 04635181.

The company's website, while not detailed, indicates a focus on dispensing chemist services and a connection to a separate venture, Pcp Springpharm Ltd. It's a tight-knit operation, and the business is registered in England.

Financially, Springpharm Limited presents a mixed picture. While current assets remain relatively stable at £270,000, equity has taken a significant hit, plummeting by 2500% to -£560,000. Bank overdrafts have also increased dramatically, rising by 1000% to £40,000. Creditors have surged by 180%, reaching £990,000, and trade debtors have decreased by 79%. Despite these challenges, the company’s small size (meeting two of three criteria for a small company) allows for agility. The company's unaudited accounts are prepared under FRS 102.

The significant decline in equity suggests potential financial strain, though it’s possible this reflects investments or operational losses. The increase in bank overdrafts is a cause for concern, but the decrease in trade debtors indicates improved debt management. Overall, Springpharm Limited appears to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 04635181, with a registered address at B77 4DP, England, Tamworth, Staffordshire, Unit 13 Mercian Business Park, Felspar Road.

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