Meditech Systems Ltd.

Meditech Systems Ltd from Shaftesbury UK: a small company with an active status, was founded 29 years ago in 1996. It employs 20 people and holds £1,240,233 in assets, operating from a real address. The company is led by four directors, although it has no reported owners. It regularly imports and exports optical and medical tools and devices, with a consistent record of activity over the past several years.

The company’s website highlights its role as a supplier of quality accessories and consumables for the medical sector, including airway management tools, electrosurgery equipment, and theatre consumables. It also features a separate division focused on high-end piano restoration, a surprising diversification from its core medical supply business. The piano restoration arm, founded in 1975, operates from Cambridge and even has a showroom in Harrods, London, showcasing museum-grade restorations and self-play system integrations.

Financially, Meditech Systems Ltd shows a mixed picture. Current assets have increased by a healthy 35% to £1,200,000, while net assets have also risen significantly by 49% to £1,100,000. Cash reserves have seen a dramatic increase of 340% to £100,000, which is a positive sign. However, trade debtors have also increased substantially by 98% to £290,000, which could indicate challenges in collecting payments. Bank borrowings have decreased by 88% to £10,000, suggesting improved debt management. The company’s small size (meeting two of three conditions for being a small company) helps it remain flexible. No auditor is mentioned, which is common for small companies.

Overall, Meditech Systems Ltd appears to be in a stable position, benefiting from its diversified business model and strong asset base. The increase in debtors is something to keep an eye on, but the company’s financial health seems to be improving.

Registered in England/Wales under the registration number 03147743, with a registered address at SP7 9PT, Shaftesbury, Dorset, Meditech Shrublands Estate, Sherstock.

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