Peak Medical Ltd

Peak Medical Ltd, based in Witney, UK, is a small, active company founded nineteen years ago in 2006. With thirteen employees and £849,747 in assets, it operates from a virtual address, registered at a location shared by seventy-five other companies. The company is managed by three directors and owned by two individuals, and boasts a perfect 5.0 Google rating based on one review. Peak Medical is a regular importer, specializing in optical and medical tools and devices, with nineteen months of import activity recorded.

The company’s website reveals a focus on specialist urology products and services. It caters to individuals living with stoma or continence conditions, offering products like UroShield (a device to prevent catheter-associated urinary tract infections), Cath Dry (a water-resistant dressing), and a range of intermittent catheters. The website also provides helpful advice and support through blogs and resources. It's clear they're aiming to improve the quality of life for their customers, partnering with NHS healthcare professionals to distribute their products.

Financially, Peak Medical Ltd’s report shows a mixed picture. Cash reserves declined by 12% to £200,000, while bank borrowings increased by 20% to £300,000. Creditors decreased by 19% to £430,000, suggesting better debt management, but trade debtors increased by 4% to £500,000, which could indicate delayed customer payments. Net assets fell by 17% to £130,000, and the company’s net current assets liabilities increased by 6.7% to £420,000. The company is a small business, meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited. It's a little concerning to see the decline in cash, but the company’s focus on a niche market and its positive customer feedback suggest it has potential for future growth.

Registered in England/Wales under the registration number 05703827, with a registered address at OX28 4BE, England, Witney, First Floor 1 Des Roches Square, Witan Way.

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