Oncology Systems Limited

Oncology Systems Limited, based in Shrewsbury, UK, is a small, active company founded 26 years ago. With 17 employees and £1,499,614 in assets, it operates from a real address and is led by three directors and two owners. The company boasts a perfect 5.0 Google rating based on one review and is a regular importer and exporter of optical and medical tools and devices, with activity spanning 202 months for imports and 112 months for exports.

The company's website reveals a diverse range of products and services, primarily focused on radiotherapy technology. It distributes equipment from leading manufacturers, including clinical imaging planning tools, positioning and immobilization systems, dosimetry equipment, and software for physics QA and patient dose planning. Beyond equipment sales, Oncology Systems offers services like shielding solutions, SkyCeiling installations for healthcare buildings, and technical support. The website also highlights partnerships with various companies, suggesting a network of expertise and resources.

Financially, Oncology Systems Limited presents a mixed picture. Current assets have decreased by 17% to £1,500,000, while net assets have increased by 22% to £1,600,000. Cash reserves have fallen a significant 66% to £280,000, and bank borrowings have increased by a substantial 2,400% to £29,000. Trade debtors have increased by 58%, which could indicate expanded credit terms or delayed customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in cash reserves warrants attention. No auditor is mentioned, likely due to the company's exemption as a small entity, so the figures rely on unaudited statements.

The company’s focus on specialized radiotherapy technology and its network of partnerships suggest a niche market strategy. While the financial data show some pressures, the company’s long history and strong supplier relationships indicate resilience.

Registered in England/Wales under the registration number 03748527, with a registered address at SY1 3GZ, Shrewsbury, Shropshire, 14 Longbow Professional Centre, Longbow Close.

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