Purple Surgical International Limited

Purple Surgical International Ltd, based in Shenley, UK, is a small holding company with an active status, having been founded 25 years ago. The company employs just four people and holds assets worth £11,852,315. With two directors and one owner, it operates from a real address and regularly imports and exports optical and medical tools and devices – 28 months of imports and 323 months of exports recorded.

The company’s website highlights its role as a British manufacturer of single-use surgical instruments and devices. It emphasizes “Great British Manufacturing” and offers a range of products including laparoscopic procedure kits, surgical stapling tools, and operating theatre essentials. The website’s design is clean and professional, with a focus on showcasing the company’s capabilities and commitment to environmentally responsible manufacturing. It even has a section dedicated to social responsibility, highlighting its support for various projects. The company’s website also features a section dedicated to NHS procurement teams, saving 40,000 with Purple Surgical.

Financially, Purple Surgical International Ltd presents a mixed picture. While net assets increased by 25% to £10 million, cash reserves fell by 55% to £550,000. Bank borrowings increased significantly, rising by an impressive 2600% to £260,000, which could indicate investments in growth or increased working capital needs. Trade debtors remained stable, while creditors decreased by 63%, suggesting improved debt management. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the increased borrowings and decreased cash reserves warrant closer monitoring. The company’s accounts are unaudited, and no auditor is mentioned, which is common for small companies.

The company’s increased bank borrowings and decreased cash reserves could be attributed to investments in expanding its product range or securing new contracts. The decrease in creditors could be a result of more efficient payment processes. Overall, Purple Surgical International Ltd appears to be a stable, albeit small, company, but its financial health requires careful observation in the coming months.

Registered in England/Wales under the registration number 03930014, with a registered address at WD7 9AD, United Kingdom, Shenley, Hertfordshire, 2 Chestnut House, Farm Close.

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