Okb Medical Limited

Okb Medical Limited, based in Chichester, UK, is a small, family-run business with an active status. Founded 22 years ago in 2002, it employs just two people and holds £3,604,396 in assets. The company operates from a virtual address – thirteen other companies are registered at the same location – and is led by three directors and two owners. Okb Medical is a regular importer of optical and medical tools and devices, with its last import activity recorded five months ago.

The company specializes in unique and innovative medical equipment, particularly for obstetrics and surgical skills training. It offers virtual reality medical training simulators, fetal monitoring equipment, and regular training courses in cooperation with hospitals and clinical skills centres. Its website highlights a range of surgical procedures covered by its simulators, from CTG training to advanced robotic surgery. Okb Medical also offers a range of products including CTGs, fetal surveillance, and CTG archiving.

Financially, Okb Medical shows a mixed picture. Cash bank holdings dropped by 33% to £2.9 million, while debtors increased dramatically by 1,300% to £670,000 – a significant jump. Creditors also decreased by 78% to £88,000, suggesting improved debt management. Despite this, net assets fell slightly by 1.6% to £5 million. Fixed assets, however, increased by 40% to £1.5 million. The company’s small size—meeting two of three criteria for a small company—helps it remain agile. No auditor is mentioned, likely due to its exemption status as a small company.

Overall, Okb Medical appears to be navigating a period of change. While it maintains a strong focus on its niche market of medical training and equipment, the financial figures indicate some challenges. The substantial increase in debtors warrants close monitoring, but the company’s long-standing presence and family ownership suggest a resilient business model.

Registered in England/Wales under the registration number 04575260, with a registered address at PO19 8FX, Chichester, West Sussex, Piper House 4 Dukes Court, Bognor Road.

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