Theramco Ltd

Theramco Ltd is a small, active company based in London, UK, founded four years ago in 2020. It employs just one person and holds £1,128 in assets, operating from a real address with one director and owner – a solo founder. The company meets two of the three criteria to be considered small: turnover under £10.2 million and balance sheet total under £5.1 million, with fewer than 50 employees.

TheRamCo Ltd appears to be launching soon, according to its website. The site features repeated "Launching Soon" messages, a contact form, and a standard copyright notice. It uses cookies to analyze traffic and optimize the user experience, offering users the option to accept or decline. The site also highlights the company’s commitment to customer service and competitive pricing, typical of an e-commerce business.

Financially, Theramco Ltd is facing significant challenges. Net assets have plummeted from £310 to a staggering -£2,400, a decrease of 910%. Cash reserves have also vanished, dropping 100% to just £1. Creditors have decreased slightly, but taxation and social security payable have increased by 61%. Trade debtors have fallen too, and overall, the company’s financial position is precarious. While the company is exempt from an audit as a small entity, the unaudited figures paint a worrying picture. It’s possible the company is burning through cash while preparing for launch, or perhaps the business hasn't gained traction. The lack of employees and reliance on the owner’s efforts may be contributing to the financial strain.

Registered in England/Wales under the registration number 13032760, with a registered address at E18 2QL, England, London, 2 High Road, South Woodford.

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