Molgen Uk Ltd

Molgen UK Ltd, based in Stevenage, is a small holding company with an active status, established three years ago. Despite its active status, accounts are currently overdue by three months, and the company employs just four people. With assets totaling £164,445, it operates from a virtual address shared by 143 other companies, and is overseen by three directors and a single owner. The company regularly imports and exports optical and medical tools and devices, with import activity spanning four months and export activity lasting three.

The company's website reveals a more extensive operation than its size suggests. Molgen is a global solutions provider for molecular biology, offering a wide range of products and services, from nucleic acid extraction to laboratory automation. Its core business revolves around providing solutions for sampling, DNA extraction, and genotyping within the AgBio and animal diagnostics industries. The website showcases a diverse product portfolio, including hardware like nucleic acid extraction tubes, transfer systems, and PCR cyclers, alongside reagents and consumables like PurePrep kits and LabTIE dispensing systems. It also highlights customisable solutions like the GenePrep system and the AquaCyler thermal cyclers.

Financially, Molgen UK Ltd presents a mixed picture. While the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, its net assets sit at a concerning -£450,000. Bank borrowings have increased, and cash reserves have fallen, indicating a potential strain on resources. Trade debtors have increased, suggesting delayed customer payments, and creditors have also risen. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s focus on high-tech solutions and global reach contrasts with its relatively small size and current financial challenges. Whether Molgen can sustain its innovative offerings while navigating these financial pressures remains to be seen.

Registered in England/Wales under the registration number 13437204, with a registered address at SG1 2FP, United Kingdom, Stevenage, Hertfordshire, Building 15 Gateway 1000, Arlington Business Park.

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