Medflow Clinical Ltd

Medflow Clinical Ltd, based in Chichester, UK, is a small, active company founded five years ago. With seven employees and £710,183 in assets, it operates from a real address and is managed by two directors and owners. The company regularly imports and exports optical and medical tools and devices, with 7 months of import activity and 62 months of export activity.

The company’s website showcases a global clinical trial supply management business, rated in the top 10 worldwide. Medflow Clinical offers services including clinical trial supply, ancillary supplies, kitting, maintenance, warehousing, and disposal. It emphasizes a local procurement strategy and medical expertise, partnering with CROs and pharmaceutical companies. The website also highlights case studies, demonstrating expertise in exporting, importing, and global collection of components.

Financially, Medflow Clinical Ltd presents a mixed picture. Current assets increased by 31% to £710,000, while net assets grew by 34% to £530,000—a positive sign. However, bank borrowings decreased by 15% to £25,000, and cash reserves increased by 140% to £470,000. Creditors decreased by 41%, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, likely due to the small company exemption.

The company’s growth in assets and cash reserves is encouraging, but the decrease in bank borrowings could indicate a reliance on internal funding. The company’s focus on clinical trial supply management appears to be driving growth, but the long-term sustainability of this niche market remains to be seen.

Registered in England/Wales under the registration number 12227559, with a registered address at PO18 0FF, England, Chichester, Unit 7 Stane Street, Maudlin.

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