United Med Ltd

United Med Ltd, based in Surbiton, UK, is a small, active company founded ten years ago in 2014. With five employees and £367,000 in assets, it operates from a real address and is led by one director and owner. The company regularly imports and exports pharmaceutical products, with 24 months of import activity and 52 months of export activity recorded.

The company’s website highlights its focus on providing medical consumables and prioritizes pharmacovigilance, adhering to GDP standards and regulated by the Medicine and Healthcare Regulation Agency (MHRA). It caters to a wide range of global customers, offering tailored solutions and supplier partnerships. The website also mentions a focus on government guidelines regarding medical consumables, offering masks, sanitizers, and gloves for businesses.

Financially, United Med Ltd shows some concerning trends. Cash bank on hand has fallen significantly by 67%, dropping to £43,000. Creditors have more than doubled, increasing by 150% to £280,000, while debtors have exploded, rising by 14,000% to £220,000. Inventories have also seen a dramatic increase of 200% to £110,000. On a brighter note, trade creditors have decreased by 500% to £130,000. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The accounts are described as "filleted" and unaudited, with an accountant report.

While the company’s import and export activities suggest ongoing business, the sharp increase in debt and the decline in cash reserves raise questions. Whether this is a temporary setback or a sign of longer-term financial pressures remains to be seen, but the company’s ability to manage its debts will be crucial for its future success.

Registered in England/Wales under the registration number 09059936, with a registered address at KT6 7QD, England, Surbiton, 14 Red Lion Business Park, Red Lion Road.

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