Shared Labs Europe Ltd

Shared Labs Europe Ltd, based in London, UK, is a small, active company founded nine years ago in 2015. It employs just one person and holds £157,210 in assets, operating from a virtual address shared by many other companies. The business is led by one director and has two owners, although it's worth noting that these owner figures might not be exhaustive. The company regularly imports optical and medical tools and devices, with 15 months of import activity recorded, the latest in April 2024.

The company’s website highlights its focus on technological innovation across various sectors, particularly in health and telemedicine. It positions itself as a supplier of advanced medical devices and instruments, including 3D digital microscopes and scientific instruments. It seems to operate as a technology broker, connecting manufacturers with end-users and facilitating the integration of diverse technologies. The site’s content suggests a focus on research, experimentation, and the exchange of data between remote locations—a complex but potentially lucrative niche. It's not a straightforward e-commerce site, but rather a platform for showcasing and facilitating the adoption of specialized technologies.

Financially, Shared Labs Europe Ltd presents a mixed picture. While current assets have increased significantly to £160,000, a rise of 700%, net assets have also jumped to £34,000, a remarkable turnaround from a previous loss. However, bank borrowings have increased dramatically, rising by 460% to £130,000, and trade debtors have exploded, increasing by 7,900% to £150,000—suggesting a reliance on customer payments. Cash reserves have fallen 40% to £11,000, and creditors have decreased by 100% to zero. 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 it to remain flexible, but the substantial increase in debtors could indicate challenges in collecting payments. There's no auditor mentioned, so the figures are unaudited.

Overall, Shared Labs Europe Ltd appears to be experiencing rapid growth, but also facing liquidity pressures. The company’s focus on specialized technologies and its ability to secure import deals suggest potential for future success, but managing its working capital will be crucial.

Registered in England/Wales under the registration number 09744694, with a registered address at E1 7LE, England, London, 19 Leyden Street.

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