Ias Medical Limited

IAS Medical Limited, based in London, UK, is a small, active company established 18 years ago. It employs 53 people and holds £1,060,233 in assets, operating from a virtual address shared by many other businesses. With a single director and owner, the company is an irregular importer of electrical machinery and equipment, with only one month of imports recorded in 2022. It operates in the non-scheduled passenger air transport industries.

The company’s website showcases a global air ambulance service, catering to individuals, the NHS, and the MOD. It offers services across Europe, the Middle East, North and South America, Africa, and Asia, utilizing a fleet of aircraft including King Air 200s and Lear Jets. The site emphasizes rapid response, bed-to-bed repatriation, and a comprehensive range of services, from cancer patient transport to emergency response. It also provides detailed information on costs, aircraft types, and frequently asked questions.

Financially, IAS Medical Limited presents a mixed picture. Cash bank on hand has dramatically increased, soaring by 1200% to £150,000—a significant boost. However, current assets have fallen by 23% to £1,100,000, and net assets have increased by 48% to £610,000. Creditors have also decreased by 21%, and debts have dropped by 34%. It's a small company, meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 100 employees. The company is exempt from an audit, so the figures are unaudited.

The surge in cash reserves is encouraging, but the decrease in current assets suggests a potential need to manage working capital. The decrease in debts is a positive sign, but the company should monitor its creditors closely. It’s likely that the company is facing some challenges, but it seems to be managing them effectively.

Registered in England/Wales under the registration number 05914453, with a registered address at N1 7GU, London, 20-22 Wenlock Road.

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