Mercian Surgical Supply Co. Limited

Mercian Surgical Supply Co. Ltd, based in Bromsgrove, UK, is a well-established family business with a strong reputation, holding a perfect 5.0 Google rating from two reviews. Founded 56 years ago in 1968, the company employs 24 people and boasts significant assets of £12,306,899, generating an annual revenue of £10,751,487. With four directors and two owners, it's a stable operation with a real address, regularly importing and exporting optical and medical tools and devices – 271 months of imports and 52 months of exports recorded.

The company's website highlights its role as a specialist supplier of surgical instruments and equipment, catering to commercial and industrial customers. It offers a wide range of products, from orthopaedic instruments to surgical drill systems, and even provides operating stools. A key aspect of their business is the provision of technical support, sales team instructions, and user manuals, demonstrating a commitment to customer service. They also actively participate in industry events and conferences, showcasing their products and networking with professionals.

Financially, Mercian Surgical Supply Co. Ltd appears to be in a mixed state. While current assets increased by 7.5% to £12 million, net assets also rose by 5.6% to £12 million. However, bank borrowings increased by a substantial 15% to £1.1 million, and cash reserves fell 3% to £8.4 million. A significant increase in administrative expenses by 7.9% to £3 million, and a drop in profits by 11% to £2.3 million, also indicate potential pressures. The company’s size—meeting two of three criteria for a large company—suggests it’s operating at scale, but the increased borrowing and reduced profits warrant closer scrutiny. The accounts are audited by Charles Lovell & Co Limited, providing a degree of assurance.

Overall, Mercian Surgical Supply Co. Ltd seems to be a resilient and reputable business, but the recent financial trends suggest a need for careful management to ensure continued success. It's a well-established family business with a strong presence in the surgical instrument market, but the increased borrowing and reduced profits are something to keep an eye on.

Registered in England/Wales under the registration number 00933463, with a registered address at B61 0GD, Bromsgrove, Worcestershire, 10 Topaz Business Park, Topaz Way.

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