Mindex Limited

Mindex Limited is a small, active company based in Horley, UK, established 41 years ago in 1984. With three employees and £1,535,713 in assets, it operates from a real address within the Gatwick Metro Centre. The company is led by a single director and owner, Jeremy Nichols, and functions as both a regular importer and exporter of optical and medical tools and devices – 8 months of imports and 170 months of exports recorded. The company operates in the non-specialised wholesale trade industries.

The company’s website, mindexltd.co.uk, is a simple, informational site. It provides contact details, a brief description of the company, and copyright information dating back to 2008. There’s no e-commerce functionality; the site appears to be primarily a contact point for potential clients and suppliers. The site’s design suggests a business focused on established relationships rather than online sales.

Financially, Mindex Limited presents a mixed picture. While cash reserves increased by a respectable 24% to £76,000, net assets experienced a significant drop, falling 88% to -£55,000. Bank borrowings decreased by 50% to £25,000, and creditors increased by 55% to £1,600,000. Trade debtors grew substantially, rising 79% to £670,000. The company’s small size (meeting two of three conditions for a small company) helps maintain flexibility, but the substantial equity decline warrants attention. No auditor is mentioned, reflecting the company’s exemption as a small entity.

The trends suggest Mindex Limited may be facing some cash flow challenges, despite increased sales. The rise in debtors indicates potential difficulties collecting payments, while the growing creditors could be a sign of increased reliance on credit. It's possible the company is investing in inventory or expanding operations, but the negative equity figure raises concerns. The lack of a detailed financial report makes it difficult to draw firm conclusions, but the overall picture suggests a company navigating a period of transition.

Registered in England/Wales under the registration number 01800799, with a registered address at RH6 9GA, Horley, Surrey, Unit 6 Gatwick Metro Centre, Balcombe Road.

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