Rapid Medical Sub. Uk Ltd

Rapid Medical Sub. Uk Ltd is a small, active company based in London, UK, founded four years ago in 2020. With £152,038 in assets and a virtual registered address, it operates with two directors and one owner, Ronen Eckhouse. The company employs just one person and regularly imports optical and medical tools and devices—12 months of activity recorded, most recently in August 2024. It also engages in irregular exporting, with one month of activity noted in January 2024, also focused on optical and medical tools.

The company's website highlights a focus on neurovascular therapy, offering solutions for ischemic and hemorrhagic stroke. It emphasizes individualized treatment and proprietary manufacturing techniques, targeting physicians seeking precise control and patient safety. Rapid Medical’s solutions are available in 30 countries, boasting 90 issued patents and 75 clinical publications. The website suggests a B2B model, targeting medical professionals rather than direct consumers. It's a business that seems to be focused on innovation and high-end medical technology.

Financially, Rapid Medical Sub. Uk Ltd presents a mixed picture. Cash bank on hand has decreased by 37% to £79,000, while current assets have fallen 26% to £150,000. Trade debtors have also declined by 37% to £20,000, which could indicate improved collection practices. However, creditors have increased significantly, by 110% to £32,000, and other taxation social security payable has dropped by 84% to £1,200. Equity has increased by 8.6% to £120,000. 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 increase in creditors suggests a need to manage cash flow carefully. The accounts are audited, and Sam Rogoff & Co Ltd served as the auditor.

Overall, Rapid Medical Sub. Uk Ltd appears to be a growing, albeit cash-strapped, business. The focus on specialized medical technology and international reach is promising, but the company will need to closely monitor its finances to ensure long-term sustainability. It seems like they are burning through money, but the business has potential.

Registered in England/Wales under the registration number 12733184, with a registered address at W1W 8BD, United Kingdom, London, 3rd Floor, Great Titchfield House, 14-18 Great Titchfield Street.

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