Occlutech (uk) Limited

Occlutech (uk) Limited, based in Reading, UK, is a small, active company founded 14 years ago in June 2010. With eight employees and £2,014,403 in assets, it operates from a real address and is overseen by two directors and one owner. The company regularly imports optical and medical tools and devices, with 36 months of import activity recorded, the last in February 2025. Its core business involves non-specialised wholesale trade and retail sale of medical goods, catering to specialized stores.

The company’s website, while not providing extensive details, suggests a focus on distribution and potentially some direct sales. It’s unclear if Occlutech (uk) Limited operates its own e-commerce platform or primarily serves as a wholesale supplier. The lack of a detailed online presence might indicate a business-to-business model, relying on established relationships with retailers and medical facilities.

Financially, Occlutech (uk) Limited presents a mixed picture. Current assets have decreased by 27% to £2,000,000, while net assets have fallen 32% to £1,300,000. Bank cash has increased by 60% to £870,000, which is a positive sign. However, trade debtors have plummeted by 85%, suggesting potential issues with customer payments or a shift in sales strategy. Creditors have also decreased, which could be a sign of improved debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant equity decline warrants attention. With no auditor mentioned, the figures are unaudited.

The sharp decrease in debtors is a notable trend. It's possible that the company has tightened its credit terms, or that a major customer has experienced financial difficulties. The increase in cash, however, suggests that the business is managing its working capital effectively, despite the challenges. The company’s continued operation and the rise in cash reserves indicate resilience, but the long-term sustainability will depend on addressing the issues surrounding customer payments and maintaining a healthy balance sheet.

Registered in England/Wales under the registration number 07278351, with a registered address at RG1 1AZ, United Kingdom, Reading, Berkshire, R+, 2 Blagrave Street.

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