Promed Limited

Promed Ltd, based in Bluntisham, UK, is a small, active company established 29 years ago in 1996. With nine employees and £2,011,203 in assets, it’s a well-established player in its sector. The company has three directors and one owner, Richard Anthony Koronowski, and operates from a real address. It’s a regular importer and exporter of optical and medical tools and devices, with 81 months of import activity and 12 months of export activity recorded, the latest in January 2025 and September 2024 respectively.

Promed’s website showcases a comprehensive range of medical lasers and accessories, catering to various specialties like coloproctology, ENT, and urology. The company acts as a distributor for brands like Biolitec, offering both capital equipment (purchasable directly or via the NHS Supply Chain) and consumables, as well as hire options and maintenance services. The website also highlights a team of experienced sales and engineering professionals dedicated to providing expert guidance, training, and support. It’s clear that Promed isn’s just selling equipment; it’s providing a full-service solution for healthcare providers.

Financially, Promed Ltd shows a mixed picture. Current assets have increased by 15% to £2,000,000, while net assets have also risen by 12% to £2,000,000. However, cash reserves have fallen by 17% to £950,000. Trade debtors have increased by 12% to £390,000, suggesting a possible reliance on customer payments. 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 agility, but the decrease in cash reserves warrants attention. The company is exempt from an audit, so the figures are unaudited. The increase in bank borrowings, however, is a bit concerning. It’s likely that the company is investing in growth, but it’s important to monitor its cash flow closely.

Registered in England/Wales under the registration number 03170800, with a registered address at PE28 3LN, Bluntisham, Cambridgeshire, Hollickwood, Rectory Road.

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