Medtechtomarket Consulting Ltd

Medtechtomarket Consulting Ltd, based in Chester, UK, is a small, active company founded twelve years ago in 2012. Employing 27 people and boasting assets of £1,235,441, it's a solo-founded operation managed by two directors and a single owner. The company operates from a real address and regularly imports miscellaneous chemical products (17 months) and exports optical and medical tools and devices (13 months).

The company's website highlights its role as an outsourcing solution for medical diagnostic technologies, offering a full lifecycle service from concept to commercial launch. It specializes in contract development and manufacturing, working with universities, industry, and investors to bring medical diagnostic products to market. Their expertise spans a range of technologies, including molecular assays, microfluidics, and immunochemistry, and they’re accredited to EN ISO134852016. They even have a partnership with Glycoscore and Entegrion.

Financially, Medtechtomarket Consulting Ltd shows some concerning trends. Cash bank on hand dropped by 14% to £720,000, and current assets decreased by 9.1% to £1,200,000. Debtors remained relatively stable, but creditors decreased by 19% to £290,000. Equity also declined by 7.6% to £1,700,000. Investments increased to £20,000, and the company has seen a rise in other taxation social security payable. The company is a small business, meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Despite these challenges, Medtechtomarket Consulting Ltd appears to be a valuable partner for companies seeking to outsource medical diagnostic development. The company’s long-standing team and diverse technological capabilities suggest a strong foundation, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 08322695, with a registered address at CH4 9PX, Chester, Cheshire, 2 Hilliards Court, Chester Business Park.

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