Oxford Medical Products Limited

Oxford Medical Products Limited is a small, active company based in Witney, UK, founded eight years ago in 2016. With £2,482,062 in assets and a real registered address, it employs twelve people and is overseen by four directors—though no owners are officially listed. The company operates in the “other human health activities” sector and is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with its last import activity recorded just one month ago in June 2024.

The company’s website showcases a focus on weight management and drug delivery technologies, particularly through a gastroretentive hydrogel platform called Sirona currently in clinical trials. It also highlights partnerships for drug delivery and aims to provide solutions for small molecules and biologics. The site emphasizes a team of entrepreneurs, scientists, and surgeons, and even includes a section for media inquiries.

Financially, Oxford Medical Products Limited's recent performance shows some concerning trends. Cash reserves have dropped significantly by 53%, falling to £1.5 million, while net assets have plummeted 38%, reaching -£2.1 million. Bank borrowings have increased by 3%, now at £4.5 million. Creditors have risen by 47%, reaching £750,000, and trade debtors have increased by 56%, now at £980,000. However, accrued liabilities have increased by 50%, and corporation tax recoverable has surged by 170%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) does provide some flexibility, but the significant equity decline and reliance on bank borrowings suggest it’s burning through cash. The company is exempt from an audit, so the financial information is unaudited.

Registered in England/Wales under the registration number 10530319, with a registered address at OX29 7EY, England, Witney, Oxfordshire, Unit 3, The Gateway, Windrush Park Road.

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