Lawmed Ltd

Lawmed Ltd, a large company based in Weybridge, UK, has been operating for 25 years, employing 18 people and holding assets worth £7,539,821. With a yearly revenue of £17,051,337, it functions as a holding company, regularly importing optical and medical tools and devices (197 months) but exporting them irregularly (1 month). The company is active, with four directors and one owner, and has a real address.

Lawmed Ltd's core business revolves around surgical solutions, as evidenced by its website. It provides products and services aimed at improving surgical outcomes, with a focus on low-impact surgery. Key offerings include the AirSeal System, CST Circular Stapler, and DynaMesh implants, alongside diagnostic tests and flow treatments. The website highlights partnerships with hospitals and clinical teams, emphasizing innovation and patient well-being.

Financially, Lawmed Ltd presents a mixed picture. While turnover increased by 13% to £16 million, net assets decreased by 75% to £100,000. Bank borrowings increased by 5% to £100,000, and cash reserves fell by 52% to £220,000. Creditors, however, decreased by 18%, suggesting improved debt management. The company meets two of three criteria to be considered large, with turnover over £36 million and balance sheet total over £18 million. The surge in administrative expenses by 44% could be a cause for concern, though it may reflect investments in growth. The lack of an auditor mentioned suggests it's exempt, relying on unaudited statements.

Overall, Lawmed Ltd appears to be a stable, albeit potentially stretched, business. Its focus on surgical innovation and partnerships suggests a strong market position, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 03928724, with a registered address at KT13 0NY, England, Weybridge, Building 5 The Heights, Wellington Way.

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