Precision Surgical Ltd

Precision Surgical Ltd, based in Sheffield, UK, is a small, active company established 18 years ago. With four employees and £198,700 in assets, it operates from a virtual address, a detail that raises some questions. The company is managed by three directors and owned by two individuals, though the list of owners changed a year ago. Precision Surgical is a regular importer of optical and medical tools and devices, with 41 months of import activity recorded, the last in February 2025. It’s an irregular exporter, with just one month of export activity noted in November 2023.

The company's website showcases a specialist supplier of surgical instruments and retractors, catering to various surgical fields including spinal, ENT, micro, neuro, orthopaedic, and transplant surgery. It offers a range of products, from standard instruments to custom-built retractors, and even sells lighting and camera systems. Precision Surgical emphasizes its 40 years of experience and commitment to providing high-quality instruments to both NHS and private hospitals in the UK. It also has a growing range of LED headlights, loupes, and HD camera systems.

Financially, Precision Surgical Ltd presents a mixed picture. Cash bank on hand has decreased by 45%, falling to £15,000, while current assets have increased by 45%, reaching £200,000. However, net assets have significantly improved, rising by 630% to £21,000. Trade debtors have increased substantially, up 69%, to £180,000, suggesting potential delays in customer payments. Interestingly, accrued liabilities have dropped dramatically, decreasing by 96%, to just £200. 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 fluctuating debt levels and significant increase in debtors warrant closer attention. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Registered in England/Wales under the registration number 05899466, with a registered address at S6 3AE, England, Sheffield, Globe Works, Penistone Road.

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