Medical Supplies Direct Ltd

Medical Supplies Direct Ltd, based in Crowthorne, UK, is a small, family-run business with an active status. Founded six years ago in 2018, it employs just two people and holds £3,804,861 in assets. The company operates with three directors and two owners, and has a real registered address. It regularly imports miscellaneous chemical products (for six months) and exports pharmaceutical products (also for six months).

The company’s website showcases a range of medical supplies, primarily needles and syringes, available for sale online. It’s clear that Medical Supplies Direct Ltd operates as an e-commerce business, offering products like sterile syringes, alcohol swabs, and steroid injection kits. The site emphasizes free UK delivery, no minimum order, and discrete packaging—all standard features of a modern online retailer. The website also lists BD MicroFine U100 30G needles and syringes, suggesting a focus on insulin injection supplies.

Financially, Medical Supplies Direct Ltd presents a mixed picture. While current assets have decreased by 18% to £3,800,000, net assets have dramatically improved, increasing by 140% to £230,000. Cash reserves have seen a massive jump, rising by 2900% to £720,000. However, creditors have also increased significantly, rising by 40% to £3,100,000. Debtor levels have fallen by 19%, and bank borrowings have increased by a staggering 710%. 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 substantial increase in creditors suggests a reliance on short-term financing. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Medical Supplies Direct Ltd appears to be navigating a period of growth, but it’s also taking on more debt. The company’s success hinges on maintaining strong sales and managing its increased financial obligations effectively.

Registered in England/Wales under the registration number 11616476, with a registered address at RG45 6LS, England, Crowthorne, 8 Dukes Ride.

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