Myergo Limited

Myergo Limited is a small, holding company based in Coulsdon, UK, with an active trading status. Founded five years ago in December 2019, it employs just one person and holds £18,573 in assets. The company, with three directors and two owners, operates from a real address and regularly imports optical and medical tools and devices – a total of 26 months of import activity, with the most recent in January 2025.

The company’s core business involves the retail sale of medical and orthopaedic goods in specialised stores. It’s a relatively small operation, meeting two of three criteria for a small company: turnover under £10.2 million and assets under £5.1 million, with fewer than 50 employees. The company's website is non-existent, so it's unclear if they operate an e-commerce site.

Financially, Myergo Limited's recent performance presents a mixed picture. Cash bank on hand has plummeted by 72%, falling to £5,300, while creditors have skyrocketed by 2,100%, reaching £140,000. Current assets have increased significantly by 770%, rising to £160,000, and trade debtors have increased by 58,000%, reaching £76,000. Equity has increased by 71%, rising to £23,000. These numbers suggest a company that may be rapidly expanding its operations, potentially taking on more debt to finance growth. The significant increase in trade debtors could indicate difficulties in collecting payments from customers. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

While the company's financial position is not entirely clear, the trends suggest a business that is actively growing, but also facing some financial challenges. The rapid increase in debt and the rise in trade debtors are areas that warrant closer attention.

Registered in England/Wales under the registration number 12368051, with a registered address at CR5 1AX, England, Coulsdon, 56 Reddown Road.

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