Axiom Dental Laboratory Ltd

Axiom Dental Laboratory Ltd from London UK is a small, holding company with an active status, established thirteen years ago. The company employs sixteen people and holds £535,140 in assets, operating from a virtual address—a fact highlighted by the presence of 6768 other companies registered at the same location. With two directors and two owners (though the list changed recently, so it's likely to change again), Axiom Dental Laboratory maintains a stellar 5.0 Google rating based on three reviews. It regularly imports optical and medical tools and devices (four months of activity) but exports them irregularly (just one month).

The company’s website showcases a range of services, including implants, CAD/CAM solutions, crown and bridge work, and case studies. It operates from a Newton House Innovation Centre in Kingswinford, and the website highlights a Covid-19 update, indicating a recent reopening after a period of closure. The company’s website also mentions two people, Paul and Anson, which suggests a family-run business.

Financially, Axiom Dental Laboratory Ltd shows some concerning trends. While current assets increased by 33% to £540,000, net assets remained steady at £250,000. Bank borrowings decreased by 46% to £23,000, and cash reserves dropped significantly by 72% to £49,000. Creditors increased by 47% to £350,000, and trade debtors surged by 130% to £450,000. The company’s small size (meeting two of three conditions for being a small company) allows for flexibility, but the increase in creditors and debtors suggests potential cash flow challenges. The company’s unaudited accounts, as it’s exempt from an audit, rely on director-reported data.

Overall, Axiom Dental Laboratory Ltd appears to be navigating a period of change, with its financial performance reflecting the pressures of a competitive market. The recent changes to ownership and director lists, combined with the fluctuating financials, suggest a company in transition—though its high Google rating indicates a commitment to customer satisfaction.

Registered in England/Wales under the registration number 07756789, with a registered address at W1W 7LT, England, London, 85 Great Portland Street.

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