Medical Device Management Limited

Medical Device Management Ltd from Braintree UK: a small holding company with an active status, founded 24 years ago, employs 10 people, and holds £709,080 in assets. It has a real address, is governed by three directors, and is owned by one individual. The company regularly imports and exports optical and medical tools and devices—importing for three months and exporting for ten months.

The company’s website highlights its services in the medical device industry, offering quality management systems, regulatory compliance support (including CE marking and MDR), subcontract manufacture, testing, and acting as a UK responsible person. It even provides EU authorized representative services. The website clearly indicates a focus on helping medical device companies navigate complex regulations and manufacturing processes. It’s a B2B operation, not an e-commerce site—it's a service provider, not a retailer.

Financially, Medical Device Management Ltd shows a mixed picture. Cash bank on hand increased by a solid 16% to £330,000, which is good news. However, net assets also increased by 5.6% to £430,000, but the company’s net current assets liabilities also increased by 7.7% to £400,000. Creditors rose significantly by 54% to £170,000, and other debtors increased by a substantial 89% to £28,000. 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 flexibility, but the rise in creditors suggests it may be relying on credit to fund operations. There is no auditor mentioned, likely due to its status as a small company.

Overall, Medical Device Management Ltd appears to be a stable, albeit lean, operation. Its expertise in regulatory compliance and manufacturing support positions it well within the medical device sector, but the increased reliance on credit warrants close monitoring.

Registered in England/Wales under the registration number 03997497, with a registered address at CM7 2PU, England, Braintree, 31 Blackwell Drive.

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