Inspec International Limited

Inspec International Ltd, based in Greater Manchester, UK, is a small, active company established 37 years ago. Employing 64 people and holding assets of £1,607,472, it’s a well-established player in its sector. With two directors and one owner, the company operates from a real address and has a long history of importing and exporting optical and medical tools and devices – 8 months of imports and 107 months of exports.

The company’s primary focus is the testing, certification, and supply of equipment related to personal protective equipment (PPE), quality management systems, and proficiency testing. Its website highlights its role as a leading independent organization, offering certification services and supplying related laboratory test equipment. Notably, Inspec International is expanding its services to include verification of online pharmacies, aiming to ensure high-quality standards for consumer safety and accessibility to medications like Cialis. The website also mentions a commitment to safety and effectiveness, and a warning against disreputable companies using their name.

Financially, Inspec International’s report shows a mixed picture. Current assets have decreased by 10%, falling to £1,600,000, while net assets have fallen by 17%, down to £760,000. Bank borrowings have seen a significant decrease of 44%, reducing to £13,000, and cash reserves have also declined by 29%, now at £370,000. Trade debtors have fallen by 25%, suggesting better collection of payments, but creditors have also decreased by 2.2%, indicating a reduction in outstanding obligations. The company’s small size—meeting two of three criteria for a small company—helps it maintain agility. The lack of an auditor is likely due to its small size and exemption status.

Overall, Inspec International appears to be navigating a period of financial adjustment. While the company’s core business remains strong, the decrease in assets and cash reserves warrants close monitoring. The expansion into online pharmacy verification suggests a strategic move to diversify revenue streams and capitalize on growing consumer demand for accessible healthcare products.

Registered in England/Wales under the registration number 02218329, with a registered address at M6 6AJ, Greater Manchester, 56 Leslie Hough Way, Salford.

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