Mardav Solutions Ltd

Mardav Solutions Ltd from Manchester UK: a small, holding company with an active status, was founded seven years ago in 2017. The company employs eight people and holds £1,707,656 in assets. It has a real address, six directors, and two owners. Mardav Solutions regularly imports and exports optical and medical tools and devices, with 93 months of import activity and 105 months of export activity recorded.

The company operates from a registered office in Prestwich, and its website, MarDav, specializes in the supply of brand new, demo, refurbished, and used ultrasound probes. It also provides full ultrasound systems and spare parts, catering to a wide range of customers in the medical industry. They even offer access to a variety of medical devices, including monitoring equipment and anaesthesia machines. A link directs visitors to a sister company's website for endoscopy needs.

Financially, Mardav Solutions Ltd has seen some concerning trends. While cash bank on hand increased by 22% to £590,000, net assets have decreased significantly by 65% to just £110,000. Creditors have risen sharply by 1300% to £160,000, and other inventories have increased dramatically by 850% to £770,000. Trade debtors have also fallen by 69%, suggesting issues with collecting payments. 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 nimble, but the sharp decline in equity and rise in creditors is something to watch. With no auditor mentioned, the figures are unaudited. The company’s decline in average number of employees from 8 to 6 is also notable.

Registered in England/Wales under the registration number 10837654, with a registered address at M25 2QH, England, Manchester, Mardav House 205a Heywood Road, Prestwich.

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