Meadowrose Scientific Limited

Meadowrose Scientific Ltd from Basingstoke UK: a small company with an active status, was founded 31 years ago. It employs eight people and holds £314,830 in assets. Operating from a virtual address, the company is led by one director and owned by one person – the solo founder. Meadowrose Scientific regularly imports optical and medical tools and devices, with three months of import activity recorded.

The company operates in the repair of electronic and optical equipment industries. Its registered address is RG21 8UQ, United Kingdom, Basingstoke, Hampshire, Worthy House, 14 Winchester Road, but it’s likely a virtual address, as 358 companies are registered at the same location. The business is a regular importer, with its top import category being Optical and medical tools and devices, totaling 3 months of imports. The last import operation was conducted on September 01, 2023.

Financially, Meadowrose Scientific Ltd shows a mixed picture. Current assets have increased by 31%, reaching £310,000, while net current assets have risen significantly by 110%, reaching £120,000. Bank borrowings have increased, reaching £29,000, and cash reserves have decreased by 680%, sitting at £150,000. Creditors have also increased by 6.5%, now at £200,000. The company meets two of three conditions to be considered small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), which helps with agility. No auditor is mentioned, so the figures are unaudited.

The company’s financial data shows a positive trend in assets and net current assets, suggesting growth. However, the increase in bank borrowings and decrease in cash reserves could indicate a need for careful financial management. It seems like the company is investing in its business, but it’s important to monitor its cash flow closely. The increase in creditors also suggests that the company is relying on credit from suppliers, which is not necessarily a bad thing, but it does need to be managed effectively.

Registered in England/Wales under the registration number 02887568, with a registered address at RG21 8UQ, United Kingdom, Basingstoke, Hampshire, Worthy House, 14 Winchester Road.

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