Genomed Limited

Genomed Ltd from London UK: a small, active company founded 34 years ago, employs four people, and holds £1,524,528 in assets. It’s a solo-founded operation with one director and owner. The company regularly imports miscellaneous chemical products (9 months of activity, latest in December 2023) and exports optical and medical tools and devices (62 months, latest in February 2025). It operates in the other service activities n.e.c. industries.

The company’s website, Genomed Biotech, showcases a range of products and services, including animal genotyping kits, diagnostic kits, and turnkey laboratories. It also highlights expertise in establishing complete turnkey molecular, forensic, and PGD laboratories. Support is provided through a dynamic team, online content, and a commitment to adapting leading-edge technology. The site also mentions a laboratory in Harrow, England, and even alludes to a connection with high-end piano restoration through the 1066 branding.

Financially, Genomed Ltd presents a mixed picture. Current assets have fallen by 46%, dropping to £1,500,000, while net assets have increased by 6.2%, reaching £680,000. Bank borrowings have dramatically decreased by 74%, down to £10,000, and cash reserves have plummeted 86%, leaving just £4,400. Creditors have also decreased significantly, falling 62% to £820,000, which could suggest improved debt management. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible. No auditor is mentioned, which is typical for a company of this size.

Overall, Genomed Ltd seems to be navigating some financial headwinds, with a significant drop in cash reserves. However, the decrease in bank borrowings and creditors suggests some improvements in debt management. The company's focus on specialized diagnostic services and its connection to the 1066 branding—hinting at a broader portfolio—could provide a buffer against these challenges.

Registered in England/Wales under the registration number 02592381, with a registered address at W1J 8AJ, England, London, 1 One Mayfair Place, Level 1, Devonshire House.

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