Newmed Limited

Newmed Ltd from Maidstone UK: a small, active company founded seven years ago, employs six people, and holds £217,531 in assets. It’s a real address, managed by three directors and three owners, and operates as a family business. The company regularly imports and exports toys, games, and sports equipment—42 months of imports and 13 months of exports—with the latest activity recorded in February 2025.

The company’s website, NewMed Ltd, focuses on Pulsed Electromagnetic Field (PEMF) therapy devices. It sells a range of products, including full body mats, localised devices, and training courses, targeting both consumers and professionals. The site emphasizes science-backed therapy, offering free UK shipping and a money-back guarantee. It's clear they are operating an e-commerce business, selling directly to customers.

Financially, Newmed Ltd shows some interesting trends. Cash bank on hand increased by 37% to £88,000, which is good news, but trade debtors jumped significantly—by 170%—reaching £47,000. This could indicate a shift in payment terms or a larger volume of sales. Creditors also rose, up 7%, to £190,000, and bank borrowings increased, which might be used to fund growth. Despite a decrease in intangible assets, net assets increased by 21% to £54,000. The company meets the criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, which is common for small companies.

It seems Newmed Ltd is experiencing growth, as evidenced by the increase in cash and net assets, but the rise in trade debtors suggests a need to manage customer payments more closely. The company's focus on a niche market—PEMF therapy—and its strong online presence could provide a solid foundation for future success, but keeping an eye on those receivables will be important.

Registered in England/Wales under the registration number 10862136, with a registered address at ME17 1JA, England, Maidstone, Kent, Station Yard Station Road, Harrietsham.

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