Tor Generics Limited

Tor Generics Limited, based in Northwood, UK, is a small, active company founded 22 years ago in 2002. With just two employees and £3,542,202 in assets, it’s a solo-founded operation overseen by a single director and owner, Stevenson Alison. The company operates in the wholesale of pharmaceutical goods industries, with a real registered address at The Tudor House, Northgate. It’s been importing furniture, lighting, and prefabricated buildings for a short period (1 month), and has also exported pharmaceutical products for a single month as well.

The company’s website, while basic, highlights its focus on pharmaceutical wholesale. It doesn't appear to be an e-commerce operation, but rather a B2B supplier. The site is functional, but lacks detailed product information or customer testimonials.

Financially, Tor Generics Limited presents a mixed picture. Cash reserves have increased by a significant 19%, reaching £3 million, while current assets have also grown by 23% to £3.5 million. However, trade debtors have increased dramatically by 120%, reaching £380,000, suggesting potential issues with customer payments. Bank borrowings have also risen, reaching £29,000. Creditors have also increased by 140%, reaching £260,000. Despite these challenges, equity has increased by 19%, reaching £3.3 million. The company meets two of three criteria for being a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). The accounts are unaudited, likely due to its small size.

Overall, Tor Generics Limited seems to be holding its own, but the increase in debtors warrants attention. The company’s focus on wholesale and its relatively small size suggest a stable, albeit not rapidly growing, business model. The rise in cash reserves is a positive sign, but the company should monitor its receivables to ensure continued financial health.

Registered in England/Wales under the registration number 04429935, with a registered address at HA6 2TH, Northwood, Middlesex, The Tudor House, Northgate.

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