Umedeor Ltd

Umedeor Ltd from London UK: a small, active company founded seven years ago, employs 39 people, and holds £2,349,369 in assets. It’s led by seven directors and owned by Wilson Matthew John, and operates as an irregular importer of printed materials like books, newspapers, and pictures—with just one month of imports recorded as of September 2023. The company’s registered address is real, with only two other companies sharing the same location.

Umedeor Ltd specializes in data processing, hosting, and related activities, as well as web portals. Its website highlights a unique approach to life science research, offering "Cohort Studies" that accelerate research and generate insights for patients, healthcare institutions, and life science companies. It’s essentially building a platform to connect researchers with consented patient data, offering a low-burden path for patients to contribute to research and providing researchers with access to custom data and insights. The site also mentions addressing gaps in evidence collection, with a focus on smart cohorts powered by its ACCESS Research Platform. It’s a fairly innovative business model, leveraging a global network of healthcare institutions to access patient data.

Financially, Umedeor Ltd shows some concerning trends. While its assets remain relatively stable, cash bank on hand plummeted a staggering 98%, dropping to just £77,000. Creditors have ballooned by 1300%, reaching £1.5 million—a significant increase that could indicate reliance on short-term financing. Trade debtors, meanwhile, have also risen sharply by 180%, suggesting difficulties in collecting payments. On a slightly more positive note, equity increased by 34%, but this is partly offset by a 87% decrease in total assets. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the sharp decline in cash reserves and increase in liabilities raises questions about its financial health. No auditor is mentioned, which is common for small companies exempt from an audit.

Registered in England/Wales under the registration number 11067577, with a registered address at EC1R 5EY, England, London, 8 Warner Yard.

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