Caltag Medsystems Limited

Caltag Medsystems Ltd from Buckingham UK: a small, active company founded 24 years ago, employs 13 people, and holds £814,193 in assets. With four directors and a single owner, the company operates from a real address and has a long history of importing and exporting miscellaneous chemical products—215 months of imports and 43 months of exports. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s activities center around distribution of products used in research applications and clinical diagnosis. While its website is not available, its business model suggests a focus on supplying specialized chemicals to laboratories and medical facilities. This niche market likely requires a high degree of technical expertise and regulatory compliance.

Financially, Caltag Medsystems Ltd shows a mixed picture. Cash and cash equivalents increased significantly by 56%, reaching £670,000, a positive sign of improved liquidity. However, net losses deepened to -£23,000, and trade debtors ballooned by 890%, suggesting potential issues with customer payments. Creditors also increased by 21%, which could indicate increased reliance on short-term financing. The company’s net assets remained steady at £560,000. The decrease in average number of employees by 8% to 12, might be due to restructuring or automation efforts. The company’s small size helps it stay agile, but the increased losses and delayed payments raise concerns. As a small company, it is exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 04162330, with a registered address at MK18 1TF, Buckingham, Buckinghamshire, Whiteleaf Business Centre 11 Little Balmer, Buckingham Industrial Estate.

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