Harmony Medical Distribution Limited

Harmony Medical Distribution Ltd, based in Chipping Norton, UK, is a small, holding company with an active status. Founded 38 years ago in 1987, the business employs just three people and holds assets valued at £1,758,510. It operates from a real address and is overseen by two directors and one owner, running an e-commerce site with a respectable, though not stellar, Google rating of 3.0 based on 14 reviews. The company regularly imports optical and medical tools and devices (37 months) and exports plastics and plastic products (27 months).

The company's website showcases a wide range of medical supplies, from needles and cupping sets to infection control products and patient care items. It’s a comprehensive online store catering to healthcare professionals and potentially retail customers, with a clear focus on providing a diverse selection of products. The site’s layout and search functionality are straightforward, and the inclusion of popular categories and featured products makes it easy for visitors to find what they need.

Financially, Harmony Medical Distribution Ltd presents a mixed picture. While current assets have increased by 28% to £1,800,000, bank cash has dropped by a significant 33% to £300,000. Trade debtors have also risen by 40% to £1,000,000, which could indicate slower payments from customers. On a positive note, creditors have also increased by 28% to £840,000, suggesting the company is leveraging trade credit. Equity has grown by 14% to £1,500,000, a good sign of retained earnings. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in debtors is something to monitor. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Harmony Medical Distribution Ltd appears to be a steady, if not rapidly growing, business. While the increase in debtors is a potential concern, the company’s established presence, diverse product range, and growing equity suggest a stable foundation.

Registered in England/Wales under the registration number 02096638, with a registered address at OX7 6UP, Chipping Norton, Oxfordshire, 7-10 Station Road, Kingham.

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