Medisave (uk) Limited

Medisave (UK) Limited, based in Weymouth, UK, is a sizable company with an active status, celebrating 24 years in business. Employing 109 people, it holds £1,986,322 in assets and generates £9,103,607 in yearly revenue. The company, led by eight directors and one owner, operates a real address and maintains an e-commerce site, boasting a stellar 5.0 Google rating from 754 reviews. It regularly imports and exports optical and medical tools and devices, with 184 months of import activity and 62 months of export activity recorded.

The company’s website showcases a vast range of medical equipment and supplies, from Littmann stethoscopes to diagnostic sets and PPE. It caters to a wide range of professionals, including nurses, doctors, and paramedics, offering both retail and wholesale options. The site’s extensive product categories and brand listings—including well-known names like Welch Allyn, Celox, and HEINE—suggest a comprehensive inventory and established supplier relationships.

Financially, Medisave (UK) Limited presents a mixed picture. While turnover remained steady, at £9,103,607, several key metrics show concerning trends. Accumulated depreciation increased by 35%, indicating aging assets, and deferred tax credit decreased by 88%. Bank borrowings decreased by 2.4%, which is a positive sign, but the company’s net assets increased by only 8.3%. Creditors decreased by 40%, which is good, but the company’s net loss increased by 5.9%. The company’s administration support costs decreased by 21%, which could be a sign of cost-cutting measures. The company’s average number of employees decreased by 8.3%, which could be a sign of restructuring.

The company’s audit firm, Scott Vevers Ltd, has given a true and fair view of the company’s financial position. Despite the challenges, Medisave (UK) Limited’s strong Google rating and extensive product range suggest a loyal customer base and a well-established market presence. The company’s continued focus on importing and exporting medical equipment positions it for ongoing success, though careful management of its financial metrics will be crucial.

Registered in England/Wales under the registration number 04088271, with a registered address at DT3 5FA, England, Weymouth, Medisave House, Mercery Road.

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