Ba Medical Limited

Ba Medical Limited, based in London, UK, is a small, active company founded six years ago in 2019. With a single employee and £8,065 in assets, it operates from a virtual address shared by 116 other companies, and is led by a solo founder and director, Akin Burak. The company’s core business involves retail sale via mail order houses or via internet, dental practice activities, and other human health activities.

The company’s website details a range of medical supplies and services, suggesting an e-commerce focus. While the site doesn’s offer a lot of detail, it does highlight a commitment to providing quality products and services to healthcare professionals and patients. The business appears to be targeting a niche market within the broader healthcare sector.

Financially, Ba Medical Limited shows a mixed picture. Current assets have decreased by 17% to £8,100, while net assets have increased by 370% to £2,200. Bank borrowings have decreased by 31% to £5,900, and cash reserves have increased by 4.3% to £8,100. Creditors have decreased by 6.5%, and trade creditors have increased by a significant 590%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in trade creditors suggests a need to manage cash flow. The company’s accounts are unaudited, and no auditor is mentioned, which is common for small companies.

The increase in equity is a positive sign, suggesting improved profitability or increased investment. However, the rise in trade creditors should be monitored closely. The company’s success will likely depend on its ability to maintain a strong online presence, manage its finances effectively, and cater to the specific needs of its customers.

Registered in England/Wales under the registration number 11878636, with a registered address at N17 9QU, United Kingdom, London, 60 Millmead Business Centre, Mill Mead Road.

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