Medco Solutions Ltd

Medco Solutions Ltd, based in Abingdon, UK, is a large, active company founded five years ago. Employing just four people, it holds £3,099,197 in assets, though its registered address appears to be a virtual one, shared by ten other companies. The business is family-owned and managed by three directors. It regularly imports miscellaneous chemical products (for four months), and irregularly exports optical and medical tools and devices (for just one month).

The company’s website showcases Medco Solutions as a specialist supplier of high-quality medical equipment, focusing on obstetrics, gynaecology, surgical, urology, and in vitro diagnostics. It partners with a Swedish manufacturing company, Wing Plast, known for its 55 years of experience in disposable medical equipment. The website highlights innovation and environmental responsibility, even mentioning a collaboration with the product inventor, Malene Hegenberger, and a donation to Imperial College London.

Financially, Medco Solutions Ltd is showing some concerning trends. While current assets remain at £3,100,000, net assets have plummeted 62% to just £1,200,000. Bank borrowings have increased significantly, reaching £29,000, and cash reserves have fallen 96% to £19,000. Creditors have decreased by 21%, which is a positive sign. The company's size (meeting two of three criteria for a large company) helps it remain flexible, but the sharp decline in equity is a cause for concern. The company’s auditor is Old Mill Audit Limited. The company is not required to have an audit.

Registered in England/Wales under the registration number 12535625, with a registered address at OX13 6AB, England, Abingdon, Oxfordshire, Welkin House Milton Hill, Steventon.

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