Biba Medical Ltd.

Biba Medical Ltd from London UK: a small, holding company with an active status, was founded 30 years ago and employs 30 people. It has a real registered address, is overseen by one director, and has one owner. The company irregularly imports electrical machinery and equipment (for one month, last in 2023) and exports optical and medical tools and devices (for two months, last in 2019). It operates in the other human health activities industries.

The company's website is not available, so it’s hard to determine if it’s an e-commerce business. However, the company’s name suggests a focus on medical tools and devices, possibly supplying hospitals or medical professionals.

Financially, Biba Medical Ltd presents a mixed picture. Net assets have fallen by a significant 34%, dropping to £1.8 million. Cash reserves have also taken a hit, decreasing by 61% to £1.3 million. Trade debtors have increased substantially, up 230% to £1.9 million, which could indicate delayed payments from customers or an expansion of credit terms. Creditors have also risen by 17%, reaching £1.4 million. Despite these challenges, the company has reduced its accrued liabilities by 15%, and future minimum lease payments have increased by 72%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity warrants attention. The company's average number of employees has increased by 10% to 33. There is no auditor mentioned, likely due to its small size.

Registered in England/Wales under the registration number 02944429, with a registered address at SW6 5NR, London, 526 Fulham Road.

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