Surescreen Diagnostics Limited

Surescreen Diagnostics Ltd from Derby, UK, is a large company holding a significant position in the diagnostics sector. Incorporated 28 years ago in August 08, 1996, it employs 90 people and holds assets valued at £7,528,212. Yearly revenue stands at £3,434,579. The company operates from a real address and is led by three directors, with one owner. It has an e-commerce site and boasts a perfect 5.0 Google rating based on five reviews. The company is an irregular importer and exporter of miscellaneous chemical products, with activity recorded for two months each.

The company’s website details its focus on medical diagnostic products, research, and distribution. It’s a key player in the UK diagnostics market, supplying a wide range of products to healthcare providers. While the website doesn’s explicitly detail the nature of the company’s e-commerce operations, it’s clear that online sales are a significant part of their business.

Financially, Surescreen Diagnostics Ltd presents a mixed picture. Current assets have decreased by 91%, falling to £750,000, while net assets have plummeted 160%, resulting in a negative value of -£7.3 million. Bank borrowings have disappeared entirely, a positive sign, but cash reserves have also dropped dramatically by 89%, leaving just £110,000. Creditors have decreased by 75%, which could indicate improved debt management. The company meets the criteria to be considered a large company, having met two of three conditions. The lack of a named auditor suggests the company is exempt from external audit requirements.

The significant decrease in assets and the negative net asset position are concerning. While the decrease in bank borrowings is positive, the drop in cash reserves and the increase in losses suggest the company is burning through money. It’s likely that the company is facing challenges in maintaining profitability, and it will be important to monitor its financial performance closely in the coming months. The company's irregular import/export activity suggests a potentially volatile supply chain.

Registered in England/Wales under the registration number 03235601, with a registered address at DE21 4BF, United Kingdom, Derby, Derbyshire, 17 Eagle Park Alfreton Road.

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