Daybreak Medical Limited

Daybreak Medical Ltd from Edinburgh UK is a small, active company founded 11 years ago. Employing 10 people, it holds £3,258,953 in assets and operates from a virtual address, managed by two directors and two owners – a family business. The company regularly imports and exports optical and medical tools and devices, with 162 months of import activity and 17 months of export activity. It operates in the general medical practice activities industries.

The company's website is currently unavailable, making it difficult to assess its online presence or e-commerce activities. Without a website, it’s likely Daybreak Medical Ltd primarily operates through direct sales or partnerships rather than online retail.

Financially, Daybreak Medical Ltd shows a mixed picture. Current assets have increased by 19%, reaching £3,300,000, while net assets have grown by 8.4%, reaching £2,200,000. Cash reserves have seen a significant boost, increasing by 71% to £1,100,000. However, bank borrowings have risen by 45%, reaching £1,200,000, and trade debtors have increased by 9.8%, suggesting potential challenges in collecting payments. Despite this, creditors have decreased by 100%, which is a positive sign. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is common for small companies.

The increase in assets and cash reserves suggests a period of growth, but the rise in bank borrowings and debtors warrants monitoring. The company's family ownership and focus on medical tools and devices could provide stability, but the virtual address raises questions about operational transparency.

Registered in Scotland under the registration number SC459517, with a registered address at EH3 7AA, Edinburgh, 3 Coates Place.

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