Science Equip Limited

Science Equip Ltd, based in North Yorkshire, UK, is a small, family-run business with an active status. Founded 22 years ago, the company employs just four people and holds £407,198 in assets. It’s a real address with two directors and three owners—likely family members—steering the ship. The firm regularly imports and exports optical and medical tools and devices, with 14 months of import activity and 6 months of export activity recorded, the latest in September 2024.

The company’s website reveals a broad range of products, from chemical compounds and syringes to cleaning supplies and laboratory equipment. It operates as a retail supplier, selling to laboratories, medical organizations, and industrial customers. The site emphasizes competitive pricing and a wide selection—hallmarks of a well-stocked supplier. It also has a dedicated section for featured products, highlighting items like cannula and thermometers.

Financially, Science Equip Ltd shows a mixed picture. Current assets dropped by 5.6% to £400,000, while net assets declined by 2.6% to £360,000. Cash reserves, however, increased by 7.3% to £340,000. Trade debtors decreased significantly by 50%, suggesting better payment collection. Creditors also decreased by 37%, which is a good sign. 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 flexible, but the slight equity drop warrants a closer look. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Science Equip Ltd seems to be holding its own, but faces some financial pressures. The company's diverse product range and focus on customer service position it well in the competitive medical supply market—but it will need to maintain its financial discipline to ensure long-term success.

Registered in England/Wales under the registration number 04639250, with a registered address at YO14 0JU, North Yorkshire, 4 Church Hill, Hunmanby, Filey.

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