Thay Medical Limited

Thay Medical Limited, based in Blandford Forum, UK, is a small, active company founded ten years ago. With eleven employees and £376,070 in assets, it operates from a real address and is led by one director and owner. Google reviews give it a perfect 5.0 rating based on five reviews. The company is an irregular importer, primarily bringing in clothing and accessories (not knitted or crocheted), with the last import operation occurring over three years ago in December 2019.

Thay Medical's core business is providing Human Factors Engineering and Usability services to the medical device industry. Its website details a range of services, including readability studies, usability testing, and regulatory compliance support. It's clear that Thay Medical isn’s an e-commerce business; instead, it's a consultancy focused on helping medical device companies develop safe and usable products. The company's website highlights its expertise in user-centered design and its commitment to helping clients achieve regulatory compliance. It’s a ISO 13485 certified consultancy.

Financially, Thay Medical Limited presents a mixed picture. While the company’s assets decreased by 24% to £380,000, trade debtors increased significantly by 70%, reaching £290,000. Cash reserves fell 74% to £84,000, and net assets declined by 21% to £310,000. Interestingly, other creditors increased by 220%, reaching £20,000. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the decrease in equity is a concern. The company’s accounts are unaudited, and no auditor is mentioned. The increase in debtors could indicate a delay in customer payments, or perhaps a strategy to increase sales on credit. The company’s focus on specialized services, however, suggests a strong market position despite these financial pressures.

Registered in England/Wales under the registration number 09211177, with a registered address at DT11 0NB, England, Blandford Forum, Dorset, Unit 2 Winterborne Stickland.

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