Fairford Medical Limited

Fairford Medical Ltd from London UK: a small, active company founded eight years ago, employs twelve people, and holds £2,426,405 in assets. Operating from a virtual address shared by many other businesses, it’s managed by five directors and one owner. The company is an irregular importer, primarily dealing in optical and medical tools and devices, with recent import activity spanning two months.

The company's website reveals a fascinating business model centered around medical imaging solutions. Fairford Medical doesn's just sell equipment; it provides fully managed services, including staffing, equipment rental, and even bespoke CT ScanBox modular solutions. They operate a fleet of premium MRI and CT systems, often housed in relocatable and mobile environments, catering to NHS and private clients. Testimonials abound, praising their speed, efficiency, and customer service, particularly in urgent situations like equipment upgrades and disaster recovery. They even provide support units and proprietary CT ScanBox systems, all available with or without staffing.

Financially, Fairford Medical Ltd presents a mixed picture. Current assets have decreased by 28% to £2,400,000, while net assets have plummeted 32% to £3,800,000. Bank borrowings have increased by 7.8%, reaching £66,000, and cash reserves have fallen 36% to £1,200,000. Creditors have also risen, suggesting increased reliance on external financing. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity raises questions. As a small company, they are exempt from an audit, so the figures are unaudited.

The company’s focus on managed services and mobile solutions seems to be driving revenue, but the financial data suggests it's facing challenges in maintaining a healthy balance sheet. Whether this is a temporary setback or a longer-term trend remains to be seen.

Registered in England/Wales under the registration number 10473425, with a registered address at W1G 0EF, United Kingdom, London, 91 Wimpole Street.

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