Vekade Pharma Limited

Vekade Pharma Limited is a small, active company based in Watford, UK, established fifteen years ago in March 2010. With two employees and £196,415 in assets, it operates from a real address within The Wenta Business Centre. The company is led by one director and owner, Mandanka Kanjikumar Bavanjibhai, and runs an e-commerce site. It’s a regular importer, specializing in essential oils and perfumes, with 70 months of import activity recorded, the latest in January 2025.

The company’s website positions it as a premier wholesale supplier of medicines and pharmaceutical goods, alongside health, beauty, fragrances, and natural/organic products. It caters to small and large businesses, supplying independent retailers across the UK and acting as a key partner to multiple retailers. Vekade Pharma boasts a wide range of over 1,000 health and wellbeing products from over 500 brands, offering consolidation services and focusing on making health easy for its customers. It's a business that seems to be doing well.

Financially, Vekade Pharma Limited presents a mixed picture. Current assets have decreased by 14%, falling to £200,000, while net current assets have plummeted a significant 69%, now standing at just £6,600. Cash bank on hand, however, has increased by a healthy 59%, reaching £26,000. Trade debtors have also seen a substantial decline, dropping 61% to £66,000. Creditors, however, have increased significantly, rising 240% to £120,000. The company meets two of three conditions to be classified as small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is typical for a small company.

While the company’s financial health appears to be under pressure, the growth in cash reserves suggests it's managing its immediate obligations. The increase in creditors, however, could be a sign of delayed payments or increased reliance on credit. It’s a business that seems to be holding its own, but needs to keep an eye on its liabilities.

Registered in England/Wales under the registration number 07179980, with a registered address at WD24 7ND, England, Watford, Herts, The Wenta Business Centre Unit 15, The Wenta Business Centre, Colne Way.

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