Blink Medical Limited

Blink Medical Ltd, based in Altrincham, UK, is a sizable company with a holding structure, currently active after being established 21 years ago. Employing 71 people, it holds assets valued at £4,926,433 and generates a yearly revenue of £11,583,539. While it has a registered address, 1215 other companies share this address, suggesting a virtual address. The company is managed by three directors and has one owner, operates an e-commerce site, and maintains a Google rating of 4.0 based on three reviews. Blink Medical regularly imports and exports optical and medical tools and devices, with 227 months of import activity and 246 months of export activity recorded.

The company’s website showcases Blink Medical as a supplier of surgical instruments and related equipment, with a focus on wholesale distribution. It appears to be primarily an e-commerce operation, facilitating online sales to healthcare professionals and institutions. The website's design is clean and functional, highlighting product categories and offering detailed specifications. While the site is active, it doesn’t offer much insight into the company’s broader strategy beyond online sales.

Financially, Blink Medical Ltd presents a mixed picture. While turnover remained relatively stable at £11,583,539, net assets decreased by 18% to £3,200,000. Bank borrowings increased by 44% to £460,000, and cash reserves declined by 24% to £930,000. Creditors also increased by 39% to £2,200,000, suggesting a need for more efficient payment management. Despite these challenges, the company’s large size (meeting two of three criteria for a large company: turnover over £36 million, balance sheet total over £18 million, and over 250 employees) indicates a degree of stability. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

Overall, Blink Medical Ltd appears to be a well-established player in the medical supply market, but the financial data suggests it’s facing some pressures. The increase in borrowings and decline in cash reserves could be a result of increased investment in inventory or marketing, but it warrants close monitoring. The company’s continued focus on e-commerce and its strong Google rating indicate a commitment to customer service and online presence, which could help it navigate these challenges.

Registered in England/Wales under the registration number 05084548, with a registered address at WA14 2DT, United Kingdom, Altrincham, Cheshire, 3rd Floor 1 Ashley Road.

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