Squirrel Medical Limited

Squirrel Medical Ltd, based in Winsford, UK, is a small, active company founded twenty years ago in 2004. Employing just three people, it holds £194,505 in assets and operates from a real address. The company is managed by five directors, although no owners are officially registered, likely one of the directors holds a significant stake. It maintains a Google rating of 3.0 based on just two reviews. Squirrel Medical is an irregular importer, primarily dealing in optical and medical tools and devices, with the last import activity recorded two months ago in April 2023.

The company’s website highlights its focus on active mattress systems, particularly the VeSTIMs range. These mattresses are marketed as a patented, MHRA-registered Class 2a medical device designed to provide exceptional pressure care and patient comfort. The website emphasizes clinical effectiveness, regulatory compliance, automatic weight adjustment, alternating pressure therapy, and superior infection control. It also targets OEM suppliers and dual-branding partners, offering custom solutions and bulk distribution options. The website also mentions academic research and compliance with various standards like UK MDR 2002 and EPUAP 2024.

Financially, Squirrel Medical Ltd presents a mixed picture. Creditors have increased dramatically, jumping 140% to £350,000, while current assets have also increased by 120% to £190,000. Bank borrowings have decreased significantly, falling 59% to £5,600. Equity, however, has plummeted 120% to -£180,000, a substantial decline. The number of employees has increased slightly, from three to four. Despite being a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the drop in equity raises concerns about its long-term financial health. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

Overall, Squirrel Medical Ltd appears to be navigating a challenging financial landscape, with a focus on specialized medical devices and OEM partnerships. The company’s future will likely depend on its ability to secure these partnerships and manage its increasing liabilities.

Registered in England/Wales under the registration number 05202260, with a registered address at CW7 3RB, Winsford, Cheshire, Road Five, Winsford Industrial Estate.

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