Medline Industries Limited

Medline Industries Limited, based in Warrington, UK, is a sizable holding company with an active status, having been incorporated twenty-eight years ago in August 31, 1996. Employing forty-seven individuals, the company holds £15,923,120 in assets and operates from a real address at Quayside Wilderpsool Business Park. Three directors and one owner guide the company’s operations, which include regular imports of textile products, sets, used clothing, and rags (spanning three months of activity, with the latest in February 2023) and irregular exports of electrical machinery and equipment (one month of activity, concluding in October 2023).

The company’s website reveals Medline Industries Limited to be a trusted supplier of healthcare products, offering a wide range of items from anaesthesia equipment to surgical gowns and patient care solutions. It caters to both the operating theatre and patient care environments, providing products for hospitals, clinics, and other healthcare facilities. The site emphasizes quality, reliability, and a comprehensive selection, with dedicated sections for various medical specialties. It’s clear the company operates as a distributor rather than a manufacturer, offering a broad portfolio of products from various brands.

Financially, Medline Industries Limited’s recent performance shows some concerning trends. Administrative expenses have increased significantly by 42%, reaching £5,400,000, while staff costs have also risen substantially by 40%, totaling £4,000,000. Net losses deepened to £770,000, a 24% decrease from the previous year. Cash reserves fell 1.2% to £6,700,000, and bank borrowings increased by 85%, reaching £1,200,000. Creditors also increased by 5.8% to £9,000,000. Although the company’s assets remain substantial, the rise in expenses and decline in profits suggest potential financial pressure. The company meets the criteria for a large company, having turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. Ernst & Young LLP acted as the auditor. The company's financial statements are unaudited.

Registered in England/Wales under the registration number 03238147, with a registered address at WA4 6HL, England, Warrington, 3rd Floor, Quayside Wilderpsool Business Park, Greenalls Avenue.

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