Medimax Global Uk Limited

Medimax Global Uk Ltd, based in Shalden, UK, is a small, family-run business with an active status, having been established 18 years ago. The company employs just one person and holds £70,405 in assets. With three directors and two owners, it operates from a real address and is regularly importing and exporting optical and medical tools and devices—14 months of imports and 5 months of exports recorded.

The company’s website is unavailable, so it's difficult to determine the specifics of their operations. However, the company operates in the “other manufacturing n.e.c.” industry. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

Financially, Medimax Global Uk Ltd shows some concerning trends. Current assets have decreased by 27%, dropping to £70,000, while net assets have plummeted 45%, settling at £32,000. Bank borrowings have remained stable at £19,000. However, cash reserves have increased by a significant 83%, reaching £35,000. Creditors have also decreased by 51%, and trade debtors have fallen dramatically by 85%. Inventory has increased by a massive 1500%, reaching £24,000.

The company’s small size and family ownership likely contribute to its agility, but the decline in equity and the increased reliance on inventory raise questions. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company. It's possible the company is investing heavily in inventory to meet demand, or perhaps the decrease in debtors reflects improved collection efforts. The increase in cash reserves is a positive sign, but the long-term sustainability of the business will depend on its ability to maintain profitability and manage its debt.

Registered in England/Wales under the registration number 06220833, with a registered address at GU34 4BY, Shalden, Hampshire, Unit 15, Old Aylesfield, Buildings, Froyle Road.

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