Locate Bio Limited

Locate Bio Ltd from Nottingham UK is a small holding company with an active status, founded 24 years ago in 2001. The company employs 16 people and holds £8,521,080 in assets. It has a real address, six directors, and one owner. Locate Bio is a regular importer of optical and medical tools and devices, with eight months of import activity recorded, the last operation made in December 2024.

The company operates in the other research and experimental development on natural sciences and engineering industries. Its website is not available for review.

Financially, Locate Bio Ltd presents a mixed picture. Current assets increased significantly by 110%, reaching £8,000,000, while net assets increased by 170% to £10,000,000. However, bank borrowings surged by 1,600%, reaching £29,000, and cash reserves increased by 160% to £7,900,000. Trade debtors decreased by 36%, suggesting better debt management. Creditors decreased by 41%, which is a good sign. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp increase in bank borrowings raises questions. The company’s financial statements were audited by Azets Audit Services.

Registered in England/Wales under the registration number 04202562, with a registered address at NG90 6BH, Nottingham, Medicity Thane Road, Beeston.

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