Q Medical Technologies Ltd

Q Medical Technologies Ltd, based in Kendal, UK, is a small holding company with an active status, having been founded 20 years ago in 2005. The company employs 14 people and holds assets valued at £5,521,966. It has a real address and is managed by one director and one owner. The firm regularly imports and exports optical and medical tools and devices, with 186 months of import activity and 58 months of export activity recorded.

The company operates in the other human health activities industries and owns Ellman International (uk) Limited. Its website is not available for review.

Financially, Q Medical Technologies Ltd shows some interesting trends. Current assets decreased by 22% to £5,500,000, while net assets also fell by 2% to £2,500,000. Bank borrowings were eliminated, a positive sign, but cash reserves increased significantly by 330% to £370,000. Creditors decreased by 32%, indicating better debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s retained earnings decreased by 2%, which could be due to increased operating expenses. There is no auditor mentioned, which is typical for small companies. The company's tax expense represents the sum of the tax currently payable and deferred tax.

Overall, Q Medical Technologies Ltd appears to be navigating a period of change, with both challenges and opportunities. The decrease in assets and net assets could be a cause for concern, but the increase in cash reserves and decrease in creditors suggest improved financial management.

Registered in England/Wales under the registration number 05339771, with a registered address at LA8 0FB, Kendal, Cumbria, Unit 1a Summerland Trading Estate, Endmoor.

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