Medicom Healthcare Limited

Medicom Healthcare Ltd, based in Kings Cross, London, is a large, active company founded 25 years ago. Employing 38 people, it boasts £5,491,018 in assets and generates £13,537,587 in yearly revenue. With three directors and three owners, the company holds a perfect 5.0 Google rating from two reviews. Medicom Healthcare is a regular importer of paper and paperboard products (35 months) and a regular exporter of essential oils and perfumes (24 months).

The company’s website reveals a focus on the global ophthalmic market, specializing in pharmaceutical and medical device products for conditions like dry eye, infection, and glaucoma. Medicom Healthcare highlights its core competencies in product development and sterile eye product manufacturing, and is committed to carbon reduction. The website also mentions a carbon reduction plan, demonstrating a commitment to sustainability.

Financially, Medicom Healthcare’s picture is mixed. While revenue remained stable, current assets decreased by 7.1% to £5,100,000, and net assets dropped 12% to £1,200,000. Bank borrowings increased significantly by 75% to £320,000, and cash reserves fell 70% to £180,000. Creditors decreased by 43%, which is a positive sign. The company's size (meeting two of three criteria for a large company) suggests a focus on efficiency, but the decline in equity raises questions about its long-term financial health. No auditor is mentioned, likely due to the company’s size, so the figures are unaudited.

The company's focus on the specialized ophthalmic market could be a strength, but the financial trends suggest it’s navigating some challenges. It’s possible the increased borrowing is linked to investment in product development or expansion, but the decline in cash reserves warrants closer scrutiny.

Registered in England/Wales under the registration number 03949112, with a registered address at WC1H 9LT, United Kingdom, Kings Cross, London, Lynton House, 7-12 Tavistock Square.

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