Agplus Diagnostics Ltd

Agplus Diagnostics Ltd, based in London, UK, is a small holding company with an active status, having been founded fifteen years ago in 2009. The company employs just four people and holds £52,283 in assets. It operates from a virtual address – twenty-nine other companies share the same location – and is overseen by three directors and one owner. It boasts a perfect 5.0 Google rating based on a single review. The company is an irregular importer, primarily dealing in miscellaneous chemical products, with just one month of import activity recorded as of October 2020.

Agplus Diagnostics’ core business revolves around the manufacture of medical and dental instruments and supplies, as well as research and experimental development within the natural sciences and engineering industries. Its website highlights a “connected quantitative PoC diagnostic solution,” the Agilis Reader, which is a portable diagnostic reader comparable to a fixed laboratory analyser. The company emphasizes its innovative technology, patent-protected reader, and experienced team, aiming to provide faster and more accurate diagnoses for personalized care. It also offers contract manufacturing and assay development services.

Financially, Agplus Diagnostics Ltd presents a mixed picture. Current assets have plummeted by 71%, falling to £52,000. Bank borrowings have increased significantly, reaching £5,000,000. Cash reserves have also dropped substantially, to just £870. Debtor values have decreased by 53%, while creditors have fallen by 95%. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

Overall, Agplus Diagnostics Ltd appears to be facing financial challenges, with declining assets and increasing debt. While its innovative technology and focus on personalized care hold promise, the company will need to address its financial situation to ensure its long-term sustainability.

Registered in England/Wales under the registration number 06994240, with a registered address at WC2A 3LH, London, 66 Lincoln's Inn Fields.

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