Newtons Medical Supplies Ltd

Newtons Medical Supplies Ltd from Sudbury UK is a small, active company founded nine years ago. With three employees and £170,903 in assets, it’s a solo-founded operation run by a single director and owner. The company has a real address and a perfect 5.0 Google rating based on one review. It’s a regular importer of miscellaneous manufactured goods, with seven months of import activity recorded.

The company operates in the wholesale of pharmaceutical goods, offering a wide range of medical and cleaning supplies via its website. It caters to NHS Trusts, private hospitals, care providers, dentists, veterinary practices, schools, and businesses, providing both high-quality products and specialist equipment for Endoscopy Departments. The website highlights a commitment to efficient, cost-effective healthcare, with a focus on competitive pricing and fast customer support.

Financially, Newtons Medical Supplies Ltd shows some mixed signals. Accumulated depreciation for furniture and fittings increased by 25%, while leasehold improvements saw a 50% jump. Bank borrowings decreased by 26%, which is a positive sign, but cash bank on hand plummeted 58% to just £940. Creditors decreased by 18%, suggesting better debt management. Equity, however, experienced a significant increase of 600% to £51,000. The company meets two of the three criteria for being considered a small company: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. There's no auditor mentioned, likely due to the company’s small size.

The sharp increase in equity, while positive, may indicate a one-off event rather than consistent profitability. The decrease in cash reserves, however, warrants attention, suggesting the company might be burning through money faster than it’s bringing it in. It’s likely that the company is working hard to maintain its high Google rating and serve its customers, but the financial picture suggests a need for careful management and a focus on improving cash flow.

Registered in England/Wales under the registration number 09684317, with a registered address at CO10 7JJ, England, Sudbury, Street Farm The Street, Pentlow.

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