Medsupply International Uk Ltd

Medsupply International Uk Ltd, based in London, is a long-standing business, active for 73 years, with a modest size. Employing 36 people and holding £4,024 in assets, it’s a small operation led by five directors and two owners, founded by a solo entrepreneur. The company maintains a real address and boasts a Google rating of 2.0 from just three reviews. It’s a regular importer and exporter of optical and medical tools and devices, with 208 months of import activity and 256 months of export activity recorded.

The company’s core business revolves around the wholesale of pharmaceutical goods, as indicated by its industry classification. While a website isn’t available for direct analysis, this suggests a B2B model rather than direct-to-consumer e-commerce. The company likely supplies medical tools and devices to hospitals, clinics, and other healthcare providers.

Financially, Medsupply International Uk Ltd presents a concerning picture. Current assets have plummeted by a staggering 99%, falling to just £4,000. Net assets have also suffered a similar decline, dropping to a mere £730. Bank borrowings have increased dramatically, reaching £280, and cash reserves have evaporated, falling to just £3,000. Creditors have also decreased significantly, suggesting some improvements in debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the dramatic equity drop and reliance on a small amount of cash raise serious questions about its financial health. The company’s accounts are abridged and unaudited, meaning they’re not subject to external verification.

The significant decline in assets and cash reserves, coupled with increased borrowings, suggests Medsupply International Uk Ltd may be burning through cash at an unsustainable rate. While the company’s long history and established import/export operations indicate some level of stability, the current financial trends are worrying. It’s possible the company is facing increased competition, rising costs, or delayed payments from customers. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely solely on director-reported data, making it difficult to assess the full extent of the financial challenges.

Registered in England/Wales under the registration number 00498721, with a registered address at W4 5YE, London, England, Chiswick Park (Building 4), 566 Chiswick High Road.

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