Nervus Ltd

Nervus Ltd, based in Over Wallop, UK, is a small, active company founded five years ago in 2020. With three employees and £159,458 in assets, it operates from a real address and is overseen by three directors and two owners. The company is an irregular importer of optical and medical tools and devices, with just two months of import activity recorded, and a regular exporter, boasting seven months of export activity. It’s a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s website, nervus.co.uk, highlights its focus on delivering "fast, accurate diagnostic systems for neurophysiology." It specializes in EEG (electroencephalography) solutions, offering a range of products including home video telemetry, routine EEG, neonatal aEEG, ambulatory EEG, veterinary EEG, and cloud solutions. The site emphasizes the accuracy and cost-effectiveness of its systems, which combine dedicated Stratus EEG software with hardware from Lifelines Neuro. It’s clear that Nervus Ltd is targeting hospitals and clinics, offering solutions that free up beds, provide remote access, and save time and money. They even have a contact form on the site for potential customers to reach out.

Financially, Nervus Ltd shows some concerning trends. While cash bank on hand increased dramatically by 640% to £100,000, equity plummeted 10,000% to -£120,000. Creditors rose significantly by 150% to £160,000, and net current assets liabilities are now at -£2400, a big change from the previous year. Although trade debtors increased by 47%, it’s unclear if this is a positive sign or a reflection of delayed payments. The lack of an auditor mentioned suggests the company is exempt as a small company, so the figures rely on unaudited director reports. The company's turnover isn't mentioned, but it is likely to be low.

Overall, Nervus Ltd appears to be facing financial pressures despite its focus on a specialized market. The dramatic drop in equity and the rise in creditors suggest the company may be burning through cash—but the increased cash reserves could be a sign of recent investment or a temporary boost. The company's small size and specialized focus could help it weather the storm, but it’s clear that management will need to address the financial challenges to ensure long-term sustainability.

Registered in England/Wales under the registration number 12420210, with a registered address at SO20 8HU, England, Over Wallop, Hampshire, 7 Clarendon Court, Station Road.

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