Idexx Technologies Limited

Idexx Technologies Limited, based in Newmarket, UK, is a large holding company with an active status, established 27 years ago. Employing 26 people and holding assets of £9,158,217, the company operates from a real address and is overseen by five directors and one owner. It’s a regular importer and exporter, specializing in machinery, boilers, and mechanical appliances, with 75 months of import activity and 205 months of export activity.

The company's primary focus appears to be diagnostic and software solutions for the animal health market. Its website highlights a broad range of products and services, including in-house analyzers, reference laboratories, software solutions, and testing services for various animals, including livestock, equine, and water types. It also offers services like telemedicine and expert feedback. The company seems to be a comprehensive provider, catering to both in-house testing and external laboratory services.

Financially, Idexx Technologies Limited shows a mixed picture. Current assets increased by 13%, reaching £9,200,000, while net assets also grew by 9.3% to £11,000,000. However, bank borrowings increased by 19%, reaching £8,300,000, and staff costs rose by 8.1% to £1,400,000. Creditors decreased by 6.8%, suggesting better debt management. The company meets the criteria for a large company, having a turnover of over £36 million, a balance sheet total of over £18 million, and over 250 employees. The lack of a named auditor suggests the company is exempt from an audit, relying on unaudited financial statements.

The company’s financial performance indicates growth, but also increased reliance on borrowing. The rise in staff costs could be attributed to expanding operations and increased demand for its products and services. Overall, Idexx Technologies Limited appears to be a financially stable, large company, but it’s important to monitor its debt levels and operating expenses going forward.

Registered in England/Wales under the registration number 03364828, with a registered address at CB8 7ER, Studlands Park Avenue, Newmarket, Suffolk, Units 1b And 1c, Newmarket Business Park.

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