Polyphotonix Limited

Polyphotonix Ltd, based in Sedgefield, UK, is a small, active company founded 17 years ago. Currently, it has nine employees and holds £396,012 in assets. While the company is registered at a real address and managed by four directors and one owner, its accounts are overdue by one month. Polyphotonix is an irregular importer of electrical machinery and equipment, with its last import operation recorded over four years ago.

The company operates as a biophotonic research and development firm, designing, developing, and manufacturing noninvasive photonic-based medical devices. Its flagship product, the Noctura 400 Sleep Mask, is a treatment for diabetic eye disease, offering a home-based, monitored solution that’s significantly cheaper than traditional laser photocoagulation and injections. The website highlights the mask’s potential to prevent and treat diabetic retinopathy, a condition affecting millions globally, and emphasizes clinical results achieved through partnerships with leading universities and health services. The company has won several awards, and the website clearly states its focus on innovation and patient care.

Financially, Polyphotonix Ltd presents a mixed picture. Current assets have decreased by 10%, while net assets have declined by 17%. Bank borrowings have increased by 7%, and cash reserves have fallen by 30%. Creditors have also risen by 22%, suggesting increased reliance on external financing. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in equity raises concerns. Although no auditor is mentioned, the company’s unaudited accounts rely on director-reported data. The company’s management has elected not to include a copy of the profit and loss account within the financial statements.

Registered in England/Wales under the registration number 06544953, with a registered address at TS21 3FF, England, Sedgefield, Netpark Explorer 2, Thomas Wright Way.

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