Simulaids Ltd

Simulaids Ltd, based in Coalville, UK, is a small, active company founded 24 years ago. With three employees and £1,399,144 in assets, it operates from a real address and is overseen by four directors and one owner. The company regularly imports and exports optical and medical tools and devices, with 38 months of import activity and 3 months of export activity recorded as of December 2024.

The company’s website, shopsimulaids.co.uk, showcases a wide range of healthcare simulation equipment and supplies. It’s clear they're not just a reseller; they position themselves as expert advisors within the healthcare simulation sector, offering advice and even room setup services. Their product range includes everything from basic life support manikins to sophisticated patient simulators like ALEX, TERi, and DANi, catering to various training needs. They also distribute products from Simulation Suite Solutions and Skillqube, highlighting a network of partnerships. The website emphasizes a commitment to quality, fast delivery, and competitive pricing.

Financially, Simulaids Ltd’s report reveals a mixed picture. While cash reserves increased by 27% to £860,000, creditors significantly rose by 150% to £520,000—suggesting increased reliance on short-term financing. Trade debtors also increased, reaching £150,000, which could indicate challenges in collecting payments. Despite this, net assets grew by 65% to £1,500,000, and total inventories increased by 80% to £390,000, showing a potential build-up of stock. The company’s small size (meeting two of three criteria for being small) helps with agility, but the increased debt levels warrant attention. The accounts are unaudited, likely due to the company’s status as a small entity, and no auditor is mentioned.

Overall, Simulaids Ltd appears to be a stable, albeit growing, business. Its focus on specialized equipment and expert advice gives it a distinct advantage, but managing its increasing debt will be key to long-term success.

Registered in England/Wales under the registration number 04084350, with a registered address at LE67 3HE, Coalville, Leicestershire, Emp House Telford Way, Stephenson Industrial Estate.

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