RE: One to watch21 Apr 2026 10:52
I'm delighted we have radio silence from them, from a promotional point of view - they're knee deep in WORK!
These guys are beavering away on the Synergies plan to merge the 3 acquired companies and get the most out of them. page 29 of the February 2026 re-admission document
"To support and accelerate growth, the Directors intend to take certain structural and logistical actions in order to create a scalable platform. This platform will be designed to deliver faster organic growth at higher margin and to put the infrastructure in place to support rapid inorganic growth. The platform will be built on certain key pillars, which are as follows:
lThe integration of the Targets into a single operating entity, allowing for the Enlarged Group to be operated and monitored as one business.
lThe establishment of a central warehouse facility, to reduce warehousing and logistical costs, rationalise and simplify processes, improve carrier terms and significantly enhance service and delivery times.
lThe implementation of a central enterprise resource planning (“ERP”) system across the Enlarged Group to bring all key processes onto a single managed platform. The introduction of an ERP will follow a phased approach, ensuring efficient implementation whilst avoiding disruption to the underlying businesses. The Company is currently working with an ERP provider to scope out the requirements of the system and the applicability of the ERP provider’s platform for the needs of the Enlarged Group and has appointed an ERP Director to manage and oversee the integration.
lThe unification of brands under a single name and brand message, operating from a single consumer-facing web platform. The establishment of a single brand is anticipated to create logistical simplicity and to improve brand recognition for the Enlarged Group.
Following the Acquisition Completions, the Directors will oversee a structured integration of the Targets to ensure continued operations with little disruption. The Directors have agreed financial reporting lines and processes with key management personnel of the Targets ahead of Completion, to ensure that financial information across the Enlarged Group is reported in a timely and accurate manner.
The Company’s strategy remains to create the UK’s leading regulated ePharmacy, focused on private prescriptions, and the Directors believe that the Acquisitions will create a market presence and a platform for growth, establishing the core foundations for this strategy."
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