Mounts Bay Medical Limited

Mounts Bay Medical Ltd, based in Hayle, UK, is a small, active company founded thirteen years ago in 2011. With £430,672 in assets and a real address, it’s a somewhat unusual operation, featuring ten directors but no officially listed owners. The company is an irregular importer, primarily dealing in electrical machinery and equipment, with just one month of imports recorded as of March 2024.

The company operates within the "other human health activities" sector, and its website, while not providing extensive details, suggests a focus on clinical research work. It’s a small company, meeting two of the three criteria: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s directors include Hall Benjamin James Dr, Burkimsher Richard John Dr, Whiteley Matt, Hearle Nicholas Christof Maschler, and Jackson Ryan James Dr – a list that was changed one year ago.

Financially, Mounts Bay Medical Ltd presents a mixed picture. Cash bank on hand increased significantly by 71% to £180,000, while current assets also rose by 46% to £430,000. However, creditors jumped by a substantial 57% to £280,000, and other creditors increased dramatically by 120% to £220,000. Trade debtors decreased by 24% to £56,000. Perhaps surprisingly, the company reported zero employees, despite its operations. The company’s net assets grew by 25% to £160,000. The accounts are unaudited, likely due to the company’s small size.

The company’s reliance on a small number of imports, coupled with the fluctuating financial metrics, suggests a business that may be vulnerable to supply chain disruptions or changes in demand. While the increase in cash reserves is positive, the rising creditors and other debts warrant closer scrutiny.

Registered in England/Wales under the registration number 07842395, with a registered address at TR27 5DT, England, Hayle, Connor Downs Surgery Turnpike Road, Connor Downs.

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