Miltenyi Biotec Limited

Miltenyi Biotec Limited, based in Woking, UK, is a large, holding company with an active status. Incorporated twenty-nine years ago in August 1995, the company employs sixty people and holds £7,396,619 in assets. Yearly revenue reached £29,158,389. It operates from a real address and is overseen by one director and one owner. The company regularly imports and exports optical and medical tools and devices, with 250 months of import activity and 66 months of export activity recorded.

The company's website highlights its role in manufacturing basic pharmaceutical products and providing other human health activities. It's a significant player, operating as a holding company, and is a large company, meeting two of three criteria: turnover more than £36 million, balance sheet total more than £18 million, and employees more than 250. It's a company that is doing well, with a lot of revenue.

However, a closer look at the financials reveals a mixed picture. While cash bank on hand increased by 30% to £2.5 million, current assets have fallen by 16% to £7.4 million. Net assets have also declined significantly, dropping 35% to £3.3 million. Bank borrowings have increased by 100% to £14,000. Trade debtors have plummeted by 48% to £2.3 million, and creditors have decreased by 12% to £170,000. These changes suggest a period of adjustment. The company’s bank borrowings have increased, which is a concerning sign.

The company’s focus on importing and exporting optical and medical tools and devices is consistent with its stated business activities. The increase in bank borrowings, however, could be a response to increased operating costs or investments in new equipment. It's possible that the company is expanding its operations, but the decline in net assets warrants further investigation. The lack of an auditor mentioned, likely due to its size, means the figures are unaudited.

Registered in England/Wales under the registration number 03096272, with a registered address at GU24 9DR, Woking, Surrey, Miltenyi Biotec Ltd, Almac House, Church Lane, Bisley.

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