Medellux Ltd

Medellux Ltd from Newport UK is a small holding company with an active status, established six years ago. The company employs four people and holds £33,202 in assets, operating from a real address in Newport Business Centre. It has one director and one owner, and regularly imports plastics and plastic products, with seven months of import activity recorded, the last in February 2023.

The company’s website is unavailable, making it difficult to determine its online presence and customer interaction. However, it appears to operate in the manufacture of other food products, basic pharmaceutical products, and pharmaceutical preparations.

Financially, Medellux Ltd presents a mixed picture. Current assets have dropped significantly, decreasing by 77% to £33,000. Debtor values have also plummeted, dropping by 120% to -£25,000. However, creditors have decreased by 76%, suggesting improved debt management. Equity has experienced a dramatic decline, falling by 2500% to -£320,000. Bank borrowings have decreased by 39%, and cash reserves have increased by a remarkable 940% to £59,000. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor is likely due to its small size, meaning the financial statements are unaudited.

Despite the challenges, the company’s increased cash reserves offer some breathing room. However, the significant decrease in equity and the negative debtor value raise concerns about its long-term financial health. It’s clear that the company is facing some financial pressures, but whether it can navigate these challenges remains to be seen.

Registered in England/Wales under the registration number 11376435, with a registered address at NP19 4RF, Wales, Newport, 4/5 Newport Business Centre, Corporation Road.

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