Medical Engineering Services Ltd

Medical Engineering Services Ltd, based in Blackburn, UK, is a small, family-run business with an active status. Founded 14 years ago in 2010, the company employs ten people and holds £440,789 in assets. It operates from a real address and is managed by two directors and owners. Google reviews are excellent, boasting a 5.0 rating from six reviews. The company is a regular importer of optical and medical tools and devices, with 14 months of import activity recorded, the latest in October 2024.

The company's website, Medical Engineering Services, reveals a focus on the repair of other equipment industries. It’s a small business, meeting two of three conditions for classification: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It’s a tight-knit operation, with a focus on providing services to the medical and dental fields.

Financially, Medical Engineering Services Ltd shows a mixed picture. Current assets increased by 43%, reaching £440,000, while net assets improved significantly, rising 130% to £16,000. Bank borrowings decreased by 32%, reaching £60,000, and cash reserves surged 900%, reaching £72,000. Creditors decreased by 24%, suggesting better debt management. The company’s small size helps it stay agile, but the increase in cash reserves is a positive sign. The company is exempt from an audit, so the figures are unaudited.

Overall, Medical Engineering Services Ltd appears to be in a stable position, with a strong focus on customer service and a growing cash reserve. The company’s family-run nature and niche expertise likely contribute to its success.

Registered in England/Wales under the registration number 07353811, with a registered address at BB1 5UA, England, Blackburn, Lancashire, De:Uk, Cunliffe Road.

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