Agile Medical Ltd

Agile Medical Ltd from Grimsby UK: a small company, holding company, with an active status, was founded seven years ago in 2017. Employing nine people, it holds assets valued at £2,599,173 and operates from a real address. The company is led by three directors and owned by three individuals, and it’s a family business. Agile Medical regularly imports furniture, lighting, and prefabricated buildings (134 months imported), and it also exports these items (4 months exported).

The company’s website showcases a wide range of medical furniture and equipment, catering to wards, theatres, examination rooms, and more. It's clear that Agile Medical operates as a distributor and supplier, rather than a manufacturer, offering products like bedside cabinets, infusion stands, medical couches, and even IT accessories. The site emphasizes thoughtful design, efficiency, and a "5-day favourites" range, suggesting a focus on quick delivery and popular items. It also has a callback request form.

Financially, Agile Medical Ltd presents a mixed picture. While the company’s net assets remained relatively stable at £3.3 million, several key indicators have shifted. Cash bank on hand decreased significantly by 57%, falling to £110,000. Trade debtors increased by 12%, reaching £2.4 million, which could indicate delayed customer payments. Bank borrowings surged by 2,400%, reaching £29,000, and creditors increased by 46%, reaching £310,000. 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 increased borrowing suggests a need for cash flow management. The company’s average number of employees increased by 22% to eleven, which could be a positive sign of growth. With no auditor mentioned, the financial statements are unaudited.

Overall, Agile Medical Ltd appears to be a steady, albeit somewhat stretched, business. Its focus on medical equipment distribution and its commitment to customer service position it well in the healthcare sector, but the financial trends warrant close attention.

Registered in England/Wales under the registration number 10983766, with a registered address at DN31 2TG, United Kingdom, Grimsby, N E Lincolnshire, Estate Road 2, South Humberside Industrial Estate.

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