Prima Medical Limited

Prima Medical Ltd, based in Cheltenham, UK, is a small, active company founded 21 years ago. With four employees and £961,599 in assets, it operates from a virtual address, a detail worth noting as 105 companies share the same location. The business is led by three directors and one owner, and regularly imports and exports optical and medical tools and devices—19 months of imports and 26 months of exports recorded.

The company’s website showcases a focus on electrosurgery innovation, particularly through its Supervac pencil, which offers automatic telescopic activation. Beyond pencils, Prima Medical offers forceps, smoke evacuation devices, and electrodes, catering to surgical applications worldwide. The site emphasizes design, functionality, and smoke evacuation, positioning the company as a leader in high-end electrosurgery devices. They even have a showroom in Harrods, London.

Financially, Prima Medical’s numbers present a mixed picture. While cash bank on hand increased by 51% to £42,000, current assets only grew by 9.6% to £960,000. Debtor’s increased slightly to £640,000, but creditors also rose by 13% to £830,000. A significant drop in average employees from four to three suggests potential restructuring or cost-cutting measures. The company’s small size—meeting two of three conditions for a small business—helps maintain agility. The increase in intangible assets by 29% is also worth observing. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

Overall, Prima Medical appears to be a stable, albeit small, business navigating the challenges of a competitive market. The company’s focus on innovation and high-end products could be a key differentiator, but the rising creditors suggest a need to manage cash flow carefully.

Registered in England/Wales under the registration number 04831749, with a registered address at GL51 6TQ, England, Cheltenham, Gloucestershire, Midway House Herrick Way, Staverton Technology Park, Staverton.

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