Croyde Medical Limited

Croyde Medical Ltd, based in Faringdon, UK, is a small, active company founded eleven years ago in 2014. With five employees and £1,566,590 in assets, it’s a modest operation overseen by three directors and three owners. The company regularly imports and exports furniture, lighting, and prefabricated buildings – a total of 75 months of imports and 41 months of exports recorded. It’s a real address, which is good.

The company operates in the manufacture of medical and dental instruments and supplies, and also owns Qed Scientific Ltd. Its website showcases a wide range of products, from maternity birth equipment like birthing couches and beanbags to neonatal baby assessment tables and warming cabinets. It's clear they're targeting healthcare professionals and even offering mood lighting and decor options for clinical settings. It’s a full-on ecommerce site, with lots of categories and product listings.

Financially, Croyde Medical Ltd has seen some shifts. Current assets have decreased by 29%, falling to £1,600,000, while net assets have dropped 19% to £640,000. Bank borrowings have also decreased by 44%, now at £12,000, and cash reserves have fallen by 34% to £410,000. However, trade debtors have fallen by a significant 39%, which could be a positive sign. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, so the figures are unaudited.

The increase in bank borrowings, despite the decrease in cash, is something to keep an eye on. It suggests the company may be investing in growth or managing short-term cash flow. The decrease in debtors is a good sign, showing better payment collection. Overall, Croyde Medical Ltd appears to be a stable, albeit small, business navigating the challenges of a competitive market.

Registered in England/Wales under the registration number 08878617, with a registered address at SN7 7BX, England, Faringdon, Oxfordshire, Unit 7 Regal Way.

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