Labmedics Ltd

Labmedics Ltd, based in Torpoint, UK, is a small, active company founded 12 years ago. With a single employee and £108,935 in assets, it operates from a real address and is managed by two directors and one owner. The company regularly imports optical and medical tools and devices, with a history of nine months of import activity.

The company’s website highlights its role as a distributor for Chronolog Aggregometer range, specializing in platelet function testing. It serves as the sole UK and Ireland distributor and offers a range of services, including museum-grade piano restoration and disaster recovery. The site also features a news section, showcasing ISO 9001 certification and a new website design.

Financially, Labmedics Ltd presents a mixed picture. While net assets have increased dramatically by 1300% to £10,000, cash reserves have decreased by 6.9% to £61,000. Bank borrowings have been reduced by 27% to £30,000, and creditors have increased by 11% to £73,000. Trade debtors have risen sharply by 210% to £16,000. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the substantial increase in equity suggests a significant shift in the business. The lack of an auditor mentioned is typical for a small company, and the figures are unaudited.

Overall, Labmedics Ltd appears to be navigating a period of change, with a focus on its core distribution business and potential expansion into related services. The company’s financial health is a little bit uncertain, but the increase in equity suggests a positive trend.

Registered in England/Wales under the registration number 08443315, with a registered address at PL11 3DN, England, Torpoint, Cair Farm Cottage, Tregunnick Lane.

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