Jointmedica Limited

Jointmedica Ltd, based in Kingswinford, UK, is a small holding company with an active status, having been founded 25 years ago in 2000. The company employs 14 people and holds assets worth £16,727,461. It operates from a virtual address, with one director and one owner reported. Jointmedica regularly imports and exports optical and medical tools and devices, with 13 months of import activity and 3 months of export activity recorded.

The company’s website, Jointmedica, showcases its focus on orthopaedic design and development, particularly the PHR System. It positions itself as a solution provider for the arthroplasty market, responding to patient needs and aiming to advance innovative orthopaedic implants. The site highlights a commitment to collaboration with surgeons and adherence to quality standards. Recent news updates detail the launch of clinical studies and milestones in orthopaedic surgery. The company’s physical location is Unit 3 Ball Mill Top Business Park, Hallow, Worcestershire.

Financially, Jointmedica Ltd shows a mixed picture. Current assets have increased significantly, up 910% to £17,000,000, while net assets have also risen dramatically, increasing by 790% to £17,000,000. Cash reserves have seen a massive jump, increasing by 950% to £15,000,000. However, trade debtors have increased by 200%, reaching £600,000, which could indicate challenges in collecting payments. Bank borrowings have also increased significantly, up 2,400% to £29,000. The company’s small size (meeting two of three criteria for being a small company) helps it remain flexible, but the increase in debt warrants attention. The financial statements are unaudited, as the company is exempt from an audit.

Registered in England/Wales under the registration number 03936112, with a registered address at DY6 9HS, England, Kingswinford, West Midlands, Brook House, Moss Grove.

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