Ovidius Solutions Ltd

Ovidius Solutions Ltd from Deal UK is a small company with an active status, founded six years ago. It employs three people and holds £335,468 in assets, operating from a virtual address – seventy nine companies registered at the same address. The company is managed by three directors and owned by three individuals. It’s a regular importer of optical and medical tools and devices, with twenty months of import activity recorded.

The company’s website showcases a range of innovative medical technologies from around the world, focusing on spine, orthopaedics, and neurosurgery. It doesn't appear to be a traditional e-commerce site; instead, it acts as a platform to showcase and promote these technologies, offering resources like webinars, training documentation, and a cloneable webflow component. The company's offerings include BoneMRI (3D bone visualisation), TeDan (surgical access systems), CarboClear (oncology solutions), and HAL (a wearable cyborg exoskeleton). The website emphasizes customer service, education, and collaboration with manufacturers and clinicians.

Financially, Ovidius Solutions Ltd presents a mixed picture. Cash bank on hand increased significantly by 270% to £180,000, which is a positive sign. However, net assets plummeted by 78% to just £11,000, and equity dropped to £11,000. Creditors increased by 230% to £330,000, and bank borrowings surged by 2,400%. Trade debtors increased by 48%, suggesting potential issues with 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) helps it remain flexible, but the sharp decline in equity is concerning. With no auditor mentioned, the financial statements are unaudited.

The company’s reliance on a virtual address and the fluctuating financial figures raise questions about its long-term stability, but its focus on bringing innovative medical technologies to the UK market suggests a commitment to growth and a potential for future success.

Registered in England/Wales under the registration number 11640816, with a registered address at CT14 6EY, England, Deal, Kent, 45 Queen Street.

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