Cutting Edge Surgical Instruments Ltd

Cutting Edge Surgical Instruments Ltd from Hertford UK is a small company with an active status, founded six years ago in 2019. It employs thirteen people and holds £1,198,096 in assets, generating £3,181,681 in yearly revenue. The company operates from a real address, has four directors, two owners, and runs an e-commerce site. It regularly imports and exports optical and medical tools and devices, with a history of 108 months of imports and six months of exports.

The company specializes in the repair and supply of reusable surgical instruments, utilizing modern technology and unique techniques. It offers a preventative maintenance program, aiming to restore instruments to an “as new” standard within five working days. Cutting Edge Surgical Instruments also provides a range of high-quality, German-made surgical instruments, catering to various surgical specialities. Its website highlights repair services, refurbishment options, and a blog featuring industry news. The company even offers NHS Evergreen Sustainable Supplier Assessments.

Financially, Cutting Edge Surgical Instruments Ltd shows a mixed picture. While turnover increased by 22%, net assets grew by 53%, and gross profit loss increased by 36%, there are some concerning trends. Bank borrowings increased by 2400%, and cash reserves fell 27%. Creditors also increased significantly, rising by 100%. Administrative expenses jumped 27%, and the average number of employees increased by 38%. 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. No auditor is mentioned, indicating an exemption for small companies.

The company's growth in employees and administrative expenses, alongside the increase in bank borrowings, suggests it may be investing in its business, but the sharp decrease in cash reserves warrants closer attention. The increase in creditors also indicates a need to manage its payment obligations effectively.

Registered in England/Wales under the registration number 11905090, with a registered address at SG13 7NW, England, Hertford, Hertfordshire, Unit 1 - 2 Harforde Court Foxholes Business Park, John Tate Road.

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