Micropore Technologies Ltd

Micropore Technologies Ltd from Redcar UK: a small, active company founded 21 years ago, employs 16 people, and holds £1,998,173 in assets. It's a real address, managed by four directors, and surprisingly, has no listed owners. The company regularly imports optical and medical tools and devices (last import July 2024) and exports machinery, boilers, and mechanical appliances (last export February 2025).

The company operates in the manufacture of other special-purpose machinery, as described on its website. Micropore Technologies focuses on a unique membrane-based system, offering solutions for drug development from discovery to manufacturing. Its website highlights applications like lipid nanoparticles and PLGA microspheres, targeting injectable therapeutics. The site also features news updates, including a partnership with a consortium investigating AI's role in drug development and the appointment of a new CEO. Customers can access resources like a history section, a range of services, and a contact form. A key feature is the AXFmini device, designed for discovery, preclinical, and clinical stages, allowing for scale-up from small volumes to larger ones.

Financially, Micropore Technologies Ltd shows some interesting trends. Creditors increased significantly, jumping 78% to £1,000,000, while net assets fell 34% to £960,000. Cash reserves, however, saw a substantial increase of 370%, reaching £340,000. Bank borrowings also rose, though not as dramatically. The company's small size (meeting two of three criteria for being a small company) helps it stay nimble. The accounts are unaudited, a common practice for smaller companies, and no auditor is listed.

The company's financial performance suggests it's navigating some challenges, with increased liabilities, but a healthy cash position. It seems to be investing in growth, as evidenced by the news updates and focus on innovation. Whether this strategy will pay off remains to be seen, but the company’s unique technology and focus on drug development position it for potential success.

Registered in England/Wales under the registration number 04782008, with a registered address at TS10 4RF, United Kingdom, Redcar, The Wilton Centre, Wilton.

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