Medical World Limited

Medical World Ltd, based in West Bromwich, UK, is a small, active company established 30 years ago. Despite having zero employees, it holds £805,363 in assets and operates an e-commerce site with a respectable 4.0 Google rating from 17 reviews. The company, with three directors and one owner, is an irregular importer, primarily dealing in optical and medical tools and devices, with the last import activity occurring two months ago in September 2022.

The company's website showcases a wide range of medical supplies, pharmaceuticals, and equipment, catering to GP practices, hospitals, clinics, and other healthcare providers. It emphasizes 31 years of experience, a vast product selection (over 30,000 items), and next-day delivery on most orders. The site even offers product sourcing assistance—a valuable service for busy healthcare professionals. The company’s website also highlights a strong focus on customer service and a commitment to providing a one-stop shop for all medical supply needs.

Financially, Medical World Ltd presents a mixed picture. While cash reserves increased by a healthy 23% to £260,000, current assets only grew slightly, by 1% to £810,000. Trade debtors have taken a hit, decreasing by 29% to £150,000, which could indicate some difficulty collecting payments. Creditors have also increased, rising 5.5% to £430,000. The company’s net assets declined by 5.7% to £490,000. Bank borrowings, however, have dramatically decreased, falling 100% to zero—a positive sign. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decrease in equity warrants closer attention. As a small company, it’s exempt from an audit, so these figures are unaudited. Overall, Medical World Ltd appears to be navigating a period of change, balancing growth with financial stability.

Registered in England/Wales under the registration number 02997316, with a registered address at B70 0NU, West Bromwich, 9 Swan Lane Industrial Estate, Swan Lane.

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