Hanson Instruments Limited

Hanson Instruments Ltd from Redditch UK is a small, active company founded 22 years ago. Employing eight people and holding £836,112 in assets, it's a family business with three directors and two owners, operating from a real address. The company regularly imports and exports optical and medical tools and devices, with 48 months of import activity and 9 months of export activity recorded, the latest in October 2024.

The company’s website showcases a wide range of instruments and diagnostic equipment for optometrists and ophthalmologists. It operates as a supplier, offering brands like Accutome, CSO, Hanson, Keeler, MEDA, Norlase, and Unicos. The site’s extensive catalogue includes anterior diagnostics, retinal equipment, refraction units, slit lamps, and ultrasound devices, alongside furniture and accessories. Notably, Hanson Instruments has secured an exclusive agreement to distribute Norlase’s laser solutions in the UK and Republic of Ireland. The website also highlights the company’s service support, offering assistance to customers across the UK, Europe, and the US.

Financially, Hanson Instruments Ltd’s report reveals some interesting trends. Accumulated depreciation on property, plant, and equipment increased by 100%, suggesting investments in new equipment or a reevaluation of asset values. Bank borrowings decreased by 11%, indicating improved debt management. Cash reserves, however, jumped 38%, a positive sign of financial stability. Trade debtors decreased significantly, suggesting quicker payments from customers. Despite these positives, net assets only increased slightly, and creditors rose, which could be a concern. The company, meeting two of three criteria for a small company, benefits from agility but needs to manage its liabilities effectively. No auditor is mentioned, meaning the financial statements are unaudited.

Overall, Hanson Instruments Ltd appears to be a stable, well-established business, but it’s important to keep an eye on its creditor levels to ensure long-term financial health.

Registered in England/Wales under the registration number 04645761, with a registered address at B98 0DP, England, Redditch, Worcestershire, 44 The Washford Industrial Estate, Heming Road.

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