Nami Surgical Limited

Nami Surgical Ltd from Glasgow UK: a small, active company founded three years ago, employs four people, and holds £1,541,915 in assets. It has six directors but no officially listed owners, making its management structure somewhat unusual. The company imports optical and medical tools and devices, though its import activity is irregular, with just one month of imports recorded recently.

Nami Surgical's core business revolves around developing the future of surgical precision using ultrasonic technology. Its website highlights an innovative solution to drawbacks present in existing scalpels used in robot-assisted surgery, and boasts a world-class team combining business and technology expertise. The company is a spin-out from the University of Glasgow, focused on miniaturised ultrasonic surgical scalpels for robotic surgery and beyond. News sections showcase efforts to improve patient care and fundraising campaigns.

Financially, Nami Surgical Ltd presents a mixed picture. While current assets have surged by 1300% to £1,500,000, net assets have dramatically increased by 1100% to £1,600,000. Bank borrowings have increased by 2400% to £29,000, and cash reserves have increased by 1600% to £1,300,000. Creditors have decreased by 71% to £76,000. The company’s small size (meeting two of three conditions for being small) allows for agility, but the large increase in net assets suggests a significant injection of capital or a substantial change in asset valuation. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Despite the positive trends, the company's rapid growth and reliance on external funding warrant careful monitoring. The company's focus on research and development, coupled with its unique technology, positions it for potential success, but the financial data suggests it’s still burning through cash at a high rate.

Registered in Scotland under the registration number SC716603, with a registered address at G52 4NQ, United Kingdom, Glasgow, Renfrewshire, Unit 11b, Wilson Business Park 1 Queen Elizabeth Avenue, Hillington Park.

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