Approach Medical Ltd

Approach Medical Ltd, based in Blackburn, UK, is a small, family-run business with an active status. Founded twelve years ago, it employs five people and holds £591,223 in assets. The company operates from a virtual address, registered with 278 other companies, and is managed by two directors and two owners. It’s an irregular importer, with its top import category being plastics and plastic products, with the last import operation made in May 2024.

The company’s website focuses on fall prevention and remote patient monitoring solutions. It offers services like fall detection, IVC (Intravascular Catheter) technology, and offers a way to learn more about each. The site includes contact information, a unit address in Sheffield, and copyright information. It's clear they are selling solutions to healthcare providers, not directly to consumers. The website's layout is simple, with a menu to navigate through the solutions and services.

Financially, Approach Medical Ltd shows some concerning trends. Cash reserves have plummeted 76% to £130,000, while net current assets have fallen sharply to £44,000. Bank borrowings have increased, and creditors have decreased, suggesting improved debt management. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the significant drop in equity raises questions. The company’s auditor is not mentioned, which is typical for small companies. The company’s turnover has decreased by 46% to £590,000.

Registered in England/Wales under the registration number 08381664, with a registered address at BB1 6AY, United Kingdom, Blackburn, Lancashire, Mentor House, Ainsworth Street.

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