M.d.m. Medical Limited

M.d.m. Medical Limited, based in London, UK, is a small, active company established 33 years ago. With three employees and £949,098 in assets, it operates from a virtual address—a fact highlighted by fifteen other companies registered at the same location. The company is led by three directors and owned by one individual, Weiss Dominic, who is also the solo founder. It’s a regular importer, specializing in optical and medical tools and devices, with 55 months of import activity recorded, the most recent in June 2024.

The company’s website reveals a different focus: Medical Device Management Ltd, offering a range of services to medical device companies. These include quality management systems, regulatory compliance support (covering CE marking, UKCA marking, MDR, and UDI), subcontract manufacture, testing, and acting as a UK responsible person. It even has a certified ISO 13485 quality management system. The website’s focus is on turning innovation into reality, helping medical device companies navigate complex regulatory landscapes. It’s clear the company provides consultancy and support services rather than directly selling medical devices.

Financially, M.d.m. Medical Limited presents a mixed picture. While current assets increased slightly to £950,000, net assets declined by 6.4% to £400,000. Bank borrowings were significantly reduced, dropping 53%, which is a positive sign. However, trade debtors increased by 42%, suggesting potential delays in customer payments. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decrease in equity warrants attention. The company is exempt from an audit, so the financial information is unaudited. Depreciation charges for computer equipment decreased, which could indicate reduced investment in technology. It seems like the company is managing its debts well, but needs to keep a close eye on its debtors and ensure timely payments.

Registered in England/Wales under the registration number 02649184, with a registered address at SW1V 1PX, England, London, 84 Eccleston Square.

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