Purple Surgical Manufacturing Limited

Purple Surgical Manufacturing Ltd, based in Shenley, UK, is a large, holding company with an active status. Founded 23 years ago, in November 2001, the company employs 109 people and holds £11,917,944 in assets. It has a real address, is overseen by one director and one owner, and currently holds a 3.0 Google rating based on just two reviews. The company regularly imports and exports optical and medical tools and devices, with 252 months of import activity and 14 months of export activity.

The company's website highlights its role as a British manufacturer of single-use surgical instruments and devices. It emphasizes environmentally responsible manufacturing and offers an "elite" product range, including laparoscopic procedure kits, surgical stapling solutions, and sharps management tools. The site also showcases social responsibility initiatives and features news and resources for healthcare professionals. The company operates a website where customers can select their country, and the site lists its contact information, including a phone number and email address.

Financially, Purple Surgical Manufacturing Ltd presents a mixed picture. While current assets remain relatively stable at £12 million, there's been a notable increase in administrative expenses, jumping 16% to £2.7 million. Bank borrowings have risen sharply, reaching £210,000, and cash reserves have decreased by 51% to £50,000. However, creditors have also decreased by 35%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) means it’s likely exempt from an audit, and the financial information is unaudited. Development costs capitalised have increased significantly by 93%, which could indicate investment in new products or processes.

Overall, Purple Surgical Manufacturing Ltd appears to be navigating a period of change. The company's focus on British manufacturing and its commitment to quality are strengths, but the increase in expenses and decrease in cash reserves warrant close monitoring. It’s unclear if the company’s investments will pay off, but its established position in the market and focus on specialized products provide a foundation for future success.

Registered in England/Wales under the registration number 04319848, 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.