Medico Electrodes Limited

Medico Electrodes Limited, based in Warwick, UK, is a small, active company founded thirteen years ago in 2012. With ten employees and £1,252,677 in assets, it operates from a virtual address—a fact highlighted by nineteen companies registered at the same location. The company is led by four directors and a solo founder, Mehra Amit. It regularly imports and exports plastics and plastic products, with 31 months of import activity and 24 months of export activity recorded.

The company's website showcases its role as a leading manufacturer of disposable ECG electrodes for cardiac monitoring and diagnostic procedures. It began manufacturing these electrodes in 2002 and has grown significantly, now considered the third-largest manufacturer worldwide and the biggest outside the USA. It offers a range of ECG, TENS EMS, and hydrogel products, emphasizing quality, precision, and customer support. The website also details its certifications (ISO 13485, CE Mark, MDSAP) and highlights awards received, including recognition from BW Business World and ASSOCHAM.

Financially, Medico Electrodes Limited presents a mixed picture. Cash reserves have increased substantially by 82%, reaching £460,000, which is good news. However, corporation tax payable has risen sharply by 120%, reaching £280,000. Debtors have also increased significantly, up 120% to £510,000, which could indicate challenges in collecting payments. Creditors, however, have decreased by 23%, suggesting better management of short-term liabilities. Net assets have increased by 36% to £3.1 million, a positive sign of growth. 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 it to remain nimble. The financial statements are unaudited, as is typical for small companies, and no auditor is mentioned.

Registered in England/Wales under the registration number 07949031, with a registered address at CV35 8AQ, United Kingdom, Warwick, Warwickshire, 4, The Barford Exchange Wellesbourne Road, Barford.

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