Mermaid Medical Limited

Mermaid Medical Ltd, based in Maghull, UK, is a small holding company with an active status, established thirteen years ago in May 2011. The company employs seven people and holds £865,593 in assets, operating from a real address in Liverpool. With two directors and two owners, Mermaid Medical regularly imports and exports optical and medical tools and devices – 48 months of imports and 5 months of exports recorded.

The company’s website paints a picture of a business focused on partnerships rather than traditional customer-supplier relationships. Mermaid Medical develops, manufactures, and distributes medical devices across Europe, the U.S., and Asia, specializing in vascular solutions and interventional radiology. They emphasize a collaborative approach, working closely with suppliers and customers to deliver high-quality products and service. Their Nordic roots and headquarters in Denmark inform their values of cooperation, helpfulness, and openness. The company’s vision is to improve patient lives through trustworthy partnerships and continuous development.

Financially, Mermaid Medical Ltd shows a mixed picture. Current assets decreased by 7%, falling to £870,000, while net assets increased significantly by 170%, reaching £530,000. Cash reserves grew by 12% to £330,000, a positive sign. However, trade debtors decreased by 27%, suggesting potential issues with customer payments. Creditors decreased by 53%, which could be a good thing, but also could mean they’re not investing in the business. The company’s small size (meeting two of three conditions for being considered small) allows for agility, but the changes in debtor and creditor balances warrant closer attention. No auditor is mentioned, consistent with being exempt as a small company.

Overall, Mermaid Medical Ltd appears to be navigating a period of change. The focus on partnerships and a growing net asset position are encouraging, but the fluctuations in debtor and creditor balances suggest the company is keeping a close eye on its cash flow.

Registered in England/Wales under the registration number 07637052, with a registered address at L31 2HB, England, Maghull, Liverpool, Room No. B1 Maghull Business Centre, 1 Liverpool Road North.

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