Adact Medical Ltd

Adact Medical Ltd from Doncaster, UK, is a small, active company founded twelve years ago in 2012. With eleven employees and £554,987 in assets, it operates as a family business with three directors and two owners. It has a real address and a Google rating of 3.0 based on four reviews. The company is an irregular importer, primarily dealing in essential oils and perfumes, with just one month of imports recorded as of April 2022.

The company’s website showcases a laboratory providing regulatory compliance and scientific analysis services to global health and wellness industries. It offers testing and compliance for vaping products, food supplements, CBD products, herbal products, and mushrooms, also providing bespoke testing solutions. The website highlights its ISOIEC 170252017 certified laboratory and emphasizes its commitment to innovation and global compliance leadership. Recent blog posts cover topics like excise duty on vapes, quality testing requirements, and emerging research on turkey tail mushrooms.

Financially, Adact Medical Ltd exhibits a mixed picture. While cash reserves increased by 31% to £300,000, net assets decreased by 9% to £710,000. Creditors increased by 27% to £160,000, and trade debtors decreased by 5.6% to £210,000. There was a significant increase in prepayments, rising 86% to £87,000. 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 flexibility, but the decline in equity warrants further scrutiny. As a small company, it’s exempt from an audit, so the financial statements are unaudited. It seems like they are doing well, but there are some things to keep an eye on.

Registered in England/Wales under the registration number 08173910, with a registered address at DN2 4PA, England, Doncaster, Unit 2 Crompton Business Park, Crompton Road.

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