Teleta Pharma Limited

Teleta Pharma Ltd from Loughton UK: a large company, holding company, active status, founded 16 years ago, with 42 employees, holds £9,819,859 in assets, and generates £13,997,034 in yearly revenue. It operates from a virtual address, managed by four directors and one owner. The company regularly imports and exports essential oils and perfumes, with 39 months of import activity and 3 months of export activity recorded.

The company's website highlights its dedication to pharmaceuticals, offering a range of services including aesthetics and cosmetics. It’s built on the foundations of integrity, equality, and respect, sourcing products from pharmaceutical wholesalers across Europe. With offices in London, Glasgow, and Liverpool, Teleta Pharma aims to meet client needs and invest in relationships. It’s MHRA accredited, WDA certified, and GDP compliant. The site clearly states a focus on wholesale, with a dedicated online shop and a commitment to providing a first-class service.

Financially, Teleta Pharma Ltd shows some concerning trends. While current assets increased slightly to £9.8 million, net assets decreased by 14% to £3.9 million. Bank borrowings increased by 36% to £490,000, and cash reserves dropped 66% to £640,000. Creditors decreased by 36%, which is a positive sign, but the decline in cash and increase in debt suggest the company might be burning through money. The company meets the criteria for a large company, having turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

Despite the financial pressures, Teleta Pharma Ltd remains a significant player in the pharmaceutical wholesale industry. Its established network, accreditations, and diverse service proposition position it well for future growth, but careful management of its finances will be crucial.

Registered in England/Wales under the registration number 06800217, with a registered address at IG10 4PL, Loughton, Essex, C/O Haslers, Old Station Road.

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