Schultz Medical (uk) Ltd

Schultz Medical Uk Ltd from Southport UK: a small, active company founded eleven years ago, employs seven people, and holds £1,667,316 in assets. It's a solo-founded business led by three directors and one owner. The company regularly imports and exports optical and medical tools and devices, with 88 months of import activity and 45 months of export activity recorded.

The company operates as a British-based manufacturer and supplier of CE-certified single-use and reusable medical instruments, holding ISO 9001 and 13485 accreditations. Its website highlights a diverse range of products, including hysteroscopy instruments, electrosurgical generators, surgical instruments, and dental instruments. Schultz Medical caters to hospitals across the UK and has a presence in international markets, with offices in New York and Dusseldorf. The company’s website also boasts a blog with articles on various medical topics, reinforcing its expertise in the field.

Financially, Schultz Medical Uk Ltd shows a mixed picture. While cash reserves increased by 49% to £690,000, current assets also jumped by 70% to £1,700,000, and debtors increased dramatically by 110% to £870,000, indicating a need for better management. Bank borrowings decreased by 11% to £340,000, which is a positive sign. However, creditors rose by 17% to £450,000, and net losses deepened, suggesting the company is burning through cash. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increased debt levels are a cause for concern. As a small company, it is exempt from an audit, and the financial statements are unaudited. The company’s financial trends suggest it’s growing, but it needs to manage its debts more effectively to ensure long-term sustainability.

Registered in England/Wales under the registration number 08853263, with a registered address at PR9 7RL, England, Southport, Unit 6 Commerce Park, Crowland Street.

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