Physiolab Technologies Limited

Physiolab Technologies Ltd, based in Milton Keynes, UK, is a small, active company founded 17 years ago. With 16 employees and £866,322 in assets, it operates from a real address and is overseen by five directors – though no owners are officially listed. The company boasts a perfect 5.0 Google rating from 11 reviews, reflecting positive customer experiences. It’s a regular importer and exporter, bringing in optical and medical tools and devices for the last 10 months and shipping them out for the last 17.

The company’s website, Physiolab, is primarily focused on privacy policy and cookie control, rather than showcasing products or services. It’s clear the site is designed to comply with data protection regulations, with detailed explanations of how user data is handled. The site also mentions a welcome section, but this is not fully functional.

Financially, Physiolab shows a mixed picture. Accrued liabilities decreased by 13%, which is good, but cash bank on hand increased dramatically by 180% to £440,000 – a very positive sign. However, net assets decreased by 9.3% to £420,000, and net loss deepened by 31% to -£760,000. Trade debtors decreased by a substantial 25%, which might suggest improved cash flow management, but also potentially less business. The company’s small size—meeting two of three conditions for being a small company—helps it remain flexible, but the large loss is a concern. The company’s auditor is Price Bailey LLP.

Overall, Physiolab Technologies Ltd seems to be navigating a challenging financial landscape. While the increase in cash reserves is encouraging, the company needs to address the large loss and ensure sustainable growth. The strong Google rating suggests a solid reputation, which could be leveraged to attract new customers and improve financial performance.

Registered in England/Wales under the registration number 06430772, with a registered address at MK11 3JB, United Kingdom, Milton Keynes, Unit 2 Centurion Court Brick Close, Kiln Farm.

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