Border Medical Limited

Border Medical Limited, based in Walsall, UK, is a small, active company founded four years ago. With three employees and £89,407 in assets, it’s a modest operation managed by four directors and a single owner, Yates Jason Derick. The company, which has a real address, is an irregular importer, primarily dealing in optical and medical tools and devices, with two months of import activity recorded as of August 2024.

Border Health Alliance, the company’s website, focuses on providing cataract surgery and YAG laser capsulotomy treatments to patients in Herefordshire. It was born out of a desire from local optometrists and eye surgeons to reduce NHS waiting times, offering a convenient location and a tailored service. The website highlights benefits like free parking, minimal waiting times, and same-day bilateral cataract surgery—a unique offering in the region. The site also provides information on YAG laser treatment for patients who have previously had cataract surgery.

Financially, Border Medical Limited presents a mixed picture. While average employee numbers increased by 33% to four, cash bank on hand saw a significant jump of 460% to £19,000. However, creditors increased by 250% to £89,000, and net current assets liabilities went from a negative £6,400 to a positive £770. Trade debtors also saw a huge increase of 810%, reaching £35,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors suggests a need to manage cash flow. The accounts are unaudited, likely due to the company’s small size, and there is no auditor mentioned. It’s clear that the company is growing, but it’s important to keep an eye on its financial health.

Registered in England/Wales under the registration number 12712497, with a registered address at WS9 8ER, England, Walsall, Unit 5-7 Tintagel Way, Aldridge.

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