Tepnel Pharma Services Limited

Tepnel Pharma Services Ltd, a small holding company based in Glasgow, UK, is actively engaged in providing pharmaceutical testing services. Established five years ago in July 2019, the company employs 35 people and holds assets valued at £1,500,079. With a yearly revenue of £3,150,607, it operates from a virtual address – registered at 163 Bath Street, Glasgow – where 38 companies are registered, raising questions about the address’s true nature. The company is led by four directors and has one owner, although the owner list may not be exhaustive.

The company’s core business revolves around providing testing services for pharmaceutical companies, including lot and batch release testing, formulation development, raw material testing, and stability testing. Its website details a comprehensive range of services supporting drug development, from inhalation therapies to biologics and oral formulations. It’s clear they’re focused on quality control and regulatory compliance, working with both small and large molecule APIs.

Financially, Tepnel Pharma Services Ltd shows a mixed picture. While revenue increased slightly to £3,150,000, net assets decreased by 13% to £1,000,000. Bank borrowings increased by 17%, reaching £110,000, and cash reserves fell 20% to £620,000. Trade debtors increased by 10%, suggesting a possible shift in payment terms. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There is no auditor mentioned, likely due to its small size.

Tepnel Pharma Services Ltd regularly imports organic chemicals, with 6 months of import activity recorded, and irregularly exports machinery, boilers, and mechanical appliances, with just one month of export activity. The company's focus on pharmaceutical testing, combined with its financial performance, suggests a business navigating the challenges of a competitive industry.

Registered in Scotland under the registration number SC635641, with a registered address at G2 5RZ, Scotland, Glasgow, Fifth Floor, St Vincent Plaza, 319 St Vincent Street.

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