Polynovo Uk Ltd

Polynovo Uk Ltd, based in London, is a small, active company founded six years ago in 2018. It employs eight people and holds £3,718,954 in assets. The company operates from a virtual address – 377 other companies share the same location – and is led by one director, with no owners officially reported. It's an irregular importer, primarily dealing in pharmaceutical products, with the last import operation recorded two months ago in October 2024. The company manufactures medical and dental instruments and supplies.

The company’s website is not available, so it's difficult to determine if it operates an e-commerce platform or focuses solely on business-to-business sales. Without a website, it’s impossible to assess its online presence or customer engagement.

Financially, Polynovo Uk Ltd presents a mixed picture. Cash bank on hand has increased significantly by 390%, rising to £1,900,000, which is a positive sign of improved liquidity. However, net current assets and liabilities have also decreased by 6.8%, indicating a potential strain on short-term financial obligations. Creditors have increased by 43%, and trade debtors have risen by 8.2%, suggesting the company may be extending credit terms or facing delays in customer payments. Interestingly, finished goods have increased by 65%, which could mean increased sales or a buildup of inventory. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity warrants attention. The company’s accounts are audited, and Oury Clark Chartered Accountants performed the audit.

Despite the fluctuations, Polynovo Uk Ltd appears to be navigating its financial landscape. The increased cash reserves offer a buffer, but managing creditor growth and maintaining a healthy equity position will be crucial for its long-term stability.

Registered in England/Wales under the registration number 11567262, with a registered address at WC1N 2EB, United Kingdom, London, 10 John Street.

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