Visionpharma Limited

Visionpharma Limited is a small, active company based in Leicester, UK, founded sixteen years ago in 2009. With seventy-one employees and £2,553,396 in assets, it operates from a real address at 131 Bridge Road. The company is owned by Motala Muhammad Irfan and Patel Faizal, and managed by the same two directors. It runs an e-commerce site, offering a range of pharmacy services and products. It’s an irregular importer, with its top import category being Glass and Glassware, totaling one month of imports.

The company’s website showcases a network of three branches – Vision Grays, Vision Ipswich, and Vision Watford – all offering a wide range of services beyond just dispensing prescriptions. These include free prescription delivery, travel clinics, blood pressure checks, and even Fit to Fly certificates. The site also promotes online shopping, with a supermarket-beating prices section, and provides health advice via its blog and health A to Z section. It even offers a free medicine blister packing service for those who find it difficult to manage their medication.

Financially, Visionpharma Limited is showing some mixed signals. Creditors have risen significantly by 42%, reaching £3,800,000, while cash reserves have fallen 44% to £160,000. Bank borrowings have increased by 18%, reaching £160,000, and trade debtors have jumped 38% to £1,300,000. However, the company’s net assets remain stable at £280,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. With no auditor mentioned, the figures are unaudited.

Overall, Visionpharma Limited appears to be a well-established local pharmacy chain navigating the challenges of a competitive market. While the increase in debt is something to watch, its diverse service offerings and online presence suggest a company adapting to changing customer needs.

Registered in England/Wales under the registration number 06838951, with a registered address at LE5 3QN, Leicester, Leicestershire, 131 Bridge Road.

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