The Pharmpet Co Limited

The Pharmpet Co Limited is a small holding company based in Leeds, UK, with an active status. Founded nine years ago in February 2016, it employs just two people and holds £129,067 in assets. Operating from a virtual address—registered at an address shared by twenty-four other companies—the company has five directors and one owner, and runs an e-commerce site.

The company’s website, The PharmPet Co, specializes in pet medication, food supplies, and drugs, offering a range of products from dog and cat health essentials to horse and small animal care. It’s an online retailer, allowing customers to purchase veterinary prescriptions and other pet supplies through a straightforward three-step process. The site’s categories are well-organized, with dedicated sections for dogs, cats, horses, and small animals, offering a wide selection of products including food, accessories, and medication.

Financially, The Pharmpet Co Limited shows a mixed picture. While current assets increased by 13% to £130,000, net assets declined significantly by 66% to -£140,000. Cash reserves, however, rose by 10% to £100,000, which is good. Trade debtors increased substantially by 79% to £21,000, which could indicate a need to manage customer payments more closely. Creditors also increased by 34% to £270,000, suggesting increased reliance on short-term financing. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the significant decline in equity is a cause for concern. With no auditor mentioned, the figures are unaudited.

The company's reliance on Pharmacy2u Ltd as its owner, and the continuing support from them, is noted in the accounts, which is good. It seems like they are trying to keep things going.

Registered in England/Wales under the registration number 10026316, with a registered address at LS15 8GB, England, Leeds, Lumina Park Approach, Thorpe Park.

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