Mologic Ltd.

Mologic Ltd, based in Bedford, UK, is a small holding company with an active status, having been established 21 years ago. The company employs 65 people and holds assets valued at £2,619,512, generating a yearly revenue of £4,900,743. It has a real address, is overseen by five directors, and is owned by one individual. A Google rating of 4.0 based on 13 reviews suggests a generally positive customer perception. The company regularly imports and exports miscellaneous chemical products, with a history of 61 months of import activity and 10 months of export activity.

Mologic’s website is minimal, offering little insight into its operations beyond its corporate identity. There's no indication of e-commerce activity; it appears to be primarily a research and development company focused on biotechnology. The company's website mentions developing lateral flow and rapid diagnostic technologies, products, and services.

Financially, Mologic Ltd presents a mixed picture. While turnover increased by a healthy 17%, several key metrics have declined. Net assets dropped by 8.3% to £1,900,000, and cash reserves decreased significantly by 30% to £660,000. Bank borrowings, however, increased by a substantial 13%, reaching £1,500,000—a sign that the company is leveraging debt to fuel growth or manage cash flow. Creditors decreased by 51%, suggesting improved debt management. 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, but the decrease in equity warrants attention. The company’s auditor, HW Bedford Limited, has issued an opinion, but the financial statements are unaudited.

The company’s focus on biotechnology research and development, coupled with its increased borrowing, suggests it may be investing heavily in new products or technologies. It's possible the decrease in cash reserves is a consequence of these investments. The company's management, with five directors, appears to be actively managing the business, as evidenced by the recent change in the directors list four months ago.

Registered in England/Wales under the registration number 04784437, with a registered address at MK44 2YA, England, Bedford, Bedfordshire, Building 109 Bedford Technology Park, Thurleigh.

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