Island Scientific Limited

Island Scientific Limited, based in Ventnor, UK, is a small, active company established 40 years ago. With five employees and £84,994 in assets, it’s a long-standing business operating from a real address. Owned and directed by Barrett Anthony Victor, the company has a history stretching back to 1984, originally known as Medina Art Castings Limited. It’s a modest operation, meeting two of the three criteria to be classified as small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s business model involves a mix of importing and exporting machinery, boilers, and mechanical appliances, including parts. It's an irregular importer, with its last import operation recorded 13 months ago, and a regular exporter, with activity spanning 13 months and its last operation just a few weeks ago. The company operates in the repair of machinery industries.

Financially, Island Scientific Limited presents a mixed picture. Current assets have fallen by 15% to £85,000, while net assets have plunged 88% to -£94,000—a substantial decline. Bank borrowings have increased by 83%, reaching £18,000, and cash reserves have dropped 71% to £12,000. Creditors have risen by 28%, and trade debtors have increased by 110%. The company’s small size helps it remain flexible, but the significant equity drop suggests a need for careful management. With no auditor mentioned, the figures are unaudited.

Despite the financial pressures, Island Scientific Limited’s longevity and consistent activity in both importing and exporting suggest a resilient business. The company's long history and focus on specialized machinery repair point to a niche market and established customer base—though whether it can overcome the recent financial challenges remains to be seen.

Registered in England/Wales under the registration number 01836200, with a registered address at PO38 1DX, Ventnor, Isle Of Wight, Unit 9 Ventnor Industrial Estate, Station Road.

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