Hypervision Surgical Ltd

Hypervision Surgical Ltd, based in London, UK, is a small, active company founded just four years ago in May 2020. With six employees and £6,103,149 in assets, it operates from a real address at the London Institute for Healthcare Engineering. The company has five directors, but no owners are currently reported, which is a little unusual. It regularly imports and exports optical and medical tools and devices—nine months of import activity and three months of export activity recorded.

The company’s website reveals a fascinating mission: to make surgeries more precise, safer, and faster using AI-powered hyperspectral imaging. Hypervision Surgical is a spin-out from King’s College London, formed by a team of clinicians, medical imaging experts, and AI specialists. Their goal is to equip clinicians with advanced computer-assisted tissue analysis, focusing on safe light alone to improve surgical precision and patient safety. The website details a clinical need for better intraoperative guidance to reduce patient morbidity and healthcare costs, particularly in brain tumour surgery. Their technology provides detailed, real-time information, widefield tissue information, and noncontact measurement, all without needing exogenous contrast agents.

Financially, Hypervision Surgical Ltd shows some interesting trends. Cash bank on hand has skyrocketed by 5,500%, reaching £5.9 million—a massive increase. Current assets have also jumped significantly, up 2,900% to £6.1 million. However, net assets have also increased by 330%, reaching -£740,000. Liabilities have also increased, with creditors up 39% within the last year. Trade debtors have also increased by 150% within the last year. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the negative equity suggests it’s burning through cash despite the large bank balance. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s impressive team, featuring experts in medical imaging, AI, and surgical technology, suggests a strong foundation for innovation. The large cash balance could be attributed to recent funding rounds or grants, but the negative equity suggests the company is still in an early stage of development and needs to carefully manage its expenses.

Registered in England/Wales under the registration number 12614766, with a registered address at SE1 7AR, United Kingdom, London, London Institute For Healthcare Engineering, 100 Lambeth Palace Road.

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