Polar Medical Limited

Polar Medical Ltd is a small, active company based in Deal, UK, founded nine years ago in 2015. It employs three people and holds £1,677,461 in assets, operating from a virtual address shared by seventy-nine other companies. With two directors and one owner, Kyne Michael Patrick, the company is a regular importer of optical and medical tools and devices, having imported for 114 months, the last operation made in February 2025.

The company’s website showcases Polar Medical as a leading supplier of neuromodulation technology to both the NHS and private healthcare sectors. It specializes in radiofrequency pain management, spinal cord stimulation, and related technologies, offering products and services for chronic pain relief. The site highlights partnerships with companies like Diros and Nuvectra, and even features a case study of a patient who found relief through spinal cord stimulation. It's clear that Polar Medical isn’s just selling products; it’s positioning itself as a provider of innovative solutions for pain management.

Financially, Polar Medical Ltd presents a mixed picture. While cash reserves increased significantly by 200%, reaching £750,000, other areas show concerning trends. Accrued liabilities jumped 220%, and net assets rose by 220% to £570,000, but creditors also increased by 43% to £1.2 million. Average employee numbers decreased by 33%, and trade debtors rose by 34%. The company's small size (meeting two of three conditions for a small company) helps it remain flexible, but the increase in debt suggests it may be relying on borrowing to fund operations. The lack of an auditor mentioned, likely due to being exempt as a small company, means these figures are unaudited.

Overall, Polar Medical Ltd appears to be a growing company in a specialized niche, but it’s important to monitor its debt levels and employee numbers to ensure its long-term financial health. The company’s focus on innovative technology and customer service suggests it has potential, but it’s facing the challenges common to many small, growing businesses.

Registered in England/Wales under the registration number 09895845, 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.