Emmat Medical Limited

Emmat Medical Ltd, based in Basingstoke, UK, is a sizable holding company with an active status, having operated for 26 years. Employing just seven people, the company holds £261,686 in assets and boasts a real address, with three directors and one owner overseeing operations. It runs an e-commerce site and regularly imports optical and medical tools and devices—the latest shipment arriving in December 2023—while occasionally exporting these same items, with the last export occurring in December 2022.

The company operates in the non-specialised wholesale trade industries and is a holding company. It’s a large company as it met two conditions of three: turnover more than £36 million, balance sheet more than £18 million, employees more than 250.

A look at the financials reveals a concerning trend. Current assets have fallen by a significant 76%, dropping to £260,000. Bank borrowings have increased by a staggering 2,400%, reaching £29,000, and cash reserves have plummeted 100% to zero. Although creditors decreased by 18%, this is likely a result of the company burning through cash. The company’s net assets have also decreased by 65%, down to £260,000.

The company's losses have increased by 110%, reaching £350,000. The company’s net assets have also decreased by 65%, down to £260,000.

The lack of an auditor mentioned suggests that the company is exempt from an audit, and the financial information is unaudited. The company’s net assets have also decreased by 65%, down to £260,000.

It's clear that Emmat Medical Ltd is facing financial challenges. Whether it can weather these pressures and continue its operations remains to be seen.

Registered in England/Wales under the registration number 03621176, with a registered address at RG24 8PZ, England, Basingstoke, Hampshire, Unit B1-B2 Bond Close, Kingsland Business Park.

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