Noris Medical Uk Ltd

Noris Medical UK Ltd is a small, active company based in Bournemouth, UK, founded four years ago in 2020. With seven employees and £346,016 in assets, it operates from a virtual address, a fact highlighted by the presence of seventy-five other companies registered at the same location. The company is led by two directors and a solo founder, Genis Zvi. It regularly imports optical and medical tools and devices, with nineteen months of import activity recorded, and occasionally exports them, with two months of export activity.

The company’s website, norismedical.com, showcases a comprehensive range of dental implant solutions, including implants, prosthetics, surgical sets, and digital solutions. It caters to dental professionals and offers services like guided surgery and CAD/CAM components. The site also features an academy with webinars, courses, and clinical case studies, demonstrating a focus on education and knowledge sharing. It even has a "New ZYGO Pro site" promoting a global community of experts.

Financially, Noris Medical UK Ltd is showing some concerning trends. Current assets have dropped by 30%, falling to £350,000, while net assets have plummeted 60%, landing at -£610,000. Bank borrowings have increased significantly, and cash reserves have fallen by 35%, dropping to £14,000. Creditors have also increased, suggesting a potential strain on the company’s ability to manage its debts. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it is exempt from an audit, so the financial information is unaudited.

The decrease in assets and increase in liabilities, combined with the reliance on external financing, suggest that Noris Medical UK Ltd is burning through money. While the company’s focus on education and its comprehensive product range are strengths, the financial data raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 12956351, with a registered address at BH2 5SL, England, Bournemouth, The Pagoda, 30 Avenue Road.

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