Mike Craven Medical Ltd

Mike Craven Medical Ltd, based in Hull, UK, is a small, active company established 22 years ago. With a single employee and £54,438 in assets, it’s a modest operation overseen by two directors and one owner. The company regularly imports furniture, lighting, and prefabricated buildings – most recently in September 2023 – and operates from a real address in Cottingham.

The business specializes in the retail sale of medical and orthopaedic goods, catering to both the healthcare and veterinary industries. Beyond the UK, it also provides equipment to film and TV companies, highlighting a diverse range of services. The company’s website showcases a wide array of medical equipment, from anaesthetic machines to X-ray systems, available both new and pre-owned. It also offers services like piano restoration, hinting at a broader portfolio.

Financially, Mike Craven Medical Ltd presents a mixed picture. Current assets have fallen by a significant 51% to £54,000, while bank cash has dropped even further by 66% to £36,000. Trade debtors have increased dramatically by 390% to £18,000, which could be a sign of increased sales but also a potential cash flow challenge. Creditors have decreased by 82% to £13,000, suggesting improved debt management. The company’s small size – meeting two of three conditions for a small company – allows for agility, but the decrease in equity is noticeable. No auditor is mentioned, which is common for small companies.

Overall, Mike Craven Medical Ltd seems to be navigating a period of change. While it maintains a solid reputation and diverse service offerings, the financial data indicates a need to carefully manage cash flow and potentially address the decrease in equity.

Registered in England/Wales under the registration number 04714876, with a registered address at HU16 4LX, Hull, East Yorkshire, 43 New Village Road, Cottingham.

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