Prestige Diagnostics U.k. Ltd

Prestige Diagnostics U.K. Ltd, based in Ballymena, Northern Ireland, is a small, active family business established thirteen years ago. With nine employees and £713,600 in assets, the company operates from a real address and is led by two directors and two owners. It's a regular importer and exporter, bringing in optical and medical tools and devices for seventeen months and shipping them out for thirty-one months, with the most recent import in February 2025 and the last export in September 2023. The company specializes in the retail sale of medical and orthopaedic goods in specialised stores.

The company's website highlights its focus on in vitro diagnostic medical devices, offering a range of solutions including UK lab solutions, clinical chemistry reagents, and point-of-care diagnostics. It also provides contract manufacturing services for IVD reagents and offers bespoke distribution services. A key aspect of their business is the Northern Ireland Protocol, which allows them to benefit from frictionless trade with both the UK and EU countries. They even boast a state-of-the-art manufacturing facility and are certified to ISO 134852016. The website also features a separate division, Prestige Diagnostics U.K. Ltd, which is a piano restoration business.

Financially, Prestige Diagnostics U.K. Ltd has experienced some significant shifts. Cash reserves have plummeted 99%, dropping to just £1200, while current assets have fallen 77% to £710,000. Bank borrowings have decreased substantially by 88%, and net assets have also declined by 27% to £1.6 million. Creditors have dropped by a large 79%, which could be a good sign of improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the sharp decline in cash reserves is something to keep an eye on. There is no auditor mentioned, likely due to the company’s small size and exemption from an audit.

Registered in Northern Ireland under the registration number NI610548, with a registered address at BT42 1HW, Northern Ireland, Ballymena, 65 Fenaghy Road, Galgorm.

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