Virology Research Services Limited

Virology Research Services Ltd, based in Sittingbourne, UK, is a small, active company founded six years ago. With six employees and £466,457 in assets, it operates from a real address and is overseen by two directors and two owners. The company is an irregular importer, primarily dealing with miscellaneous chemical products, with its last import operation occurring just one month ago.

The company’s website, while not providing detailed information, suggests a focus on biotechnology research, technical testing, and analysis. It appears to be a B2B operation, rather than an e-commerce site, with no online sales platform visible.

Financially, Virology Research Services Ltd presents a mixed picture. Current assets have experienced a significant drop, decreasing by 78% to £470,000. This is coupled with a 56% reduction in net assets, falling to £1.2 million. Bank borrowings have increased, reaching £29,000, while cash reserves have fallen by 73% to £390,000. Creditors have also decreased substantially, dropping by 76% to £69,000. The company's small size—meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees)—allows for agility, but the sharp decline in equity raises concerns. There is no auditor mentioned, likely due to the company’s small size and exemption from an audit.

The company’s focus on research and technical services, combined with the fluctuating financial figures, suggests a period of adjustment or investment. The irregular import activity indicates a specialized supply chain, potentially linked to its research activities. Whether the company can sustain its current trajectory remains to be seen, but its niche expertise could be a key differentiator.

Registered in England/Wales under the registration number 11718460, with a registered address at ME9 8PX, England, Sittingbourne, Kent, B980, Cornforth Drive Kent Science Park.

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