Xeal Pharma Ltd

Xeal Pharma Ltd, based in Birmingham, UK, is a small, active company founded nine years ago. With 41 employees and £3,622,017 in assets, it operates from a real address and is overseen by four directors and four owners. The company regularly imports organic chemicals (44 months) and exports pharmaceutical products (11 months).

Xeal Pharma describes itself as a leading pharmaceutical specials manufacturer, dedicated to providing innovative solutions for the healthcare industry. Founded by experienced pharmacists, the company focuses on quality, reliability, and efficiency. Their website highlights a vision of personalized medications and building lasting customer relationships. Xeal Pharma offers a range of services including pharmaceutical specials, veterinary specials, cannabis-based products, and pharmacy services. They even have a division dedicated to piano restoration, a surprising diversification from their core pharmaceutical focus.

Financially, Xeal Pharma’s recent report presents a mixed picture. While fixed assets have increased significantly by 180%, to £2,000,000, indicating investment in equipment or property, other areas show concern. Accumulated depreciation on property, plant, and equipment has also risen considerably, 39% to £440,000. The number of employees has increased by 54% to 63, which is a good sign, but bank borrowings have decreased by 49% to £110,000. Creditors have increased by 40% to £1,200,000, and cash reserves have jumped a remarkable 120% to £970,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in creditors suggests a reliance on external financing. No auditor is mentioned, which is typical for a small company. The company’s equity has increased by 45% to £4,200,000, which is a positive sign.

Registered in England/Wales under the registration number 10124700, with a registered address at B7 4RA, England, Birmingham, Unit 13 Vauxhall Trading Estate, Dollman Street, Nechells.

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