Visusnano Limited

Visusnano Ltd, based in Canterbury, UK, is a small, active company founded nine years ago. With just two employees and £81,369 in assets, it operates from a virtual address shared by 880 other companies – a bit unusual. The company has four directors but no registered owners, which is also a little strange. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances; parts, with its last import activity recorded one month ago in March 2023.

The company’s website reveals a fascinating focus: drug-eluting intraocular lenses for cataract surgery. VisusNano is developing a pipeline of these lenses, aiming to improve patient outcomes, avoid the need for eye drops after surgery, and potentially eliminate the need for laser treatments. It’s a preclinical company targeting both human and veterinary markets, and the website highlights the prevalence of cataracts as a leading cause of blindness globally. The company’s solution involves a novel biodegradable polymer-based drug elution system attached to the lens, preventing cell proliferation and reducing the risk of infection and inflammation.

Financially, Visusnano Ltd presents a mixed picture. Cash reserves have dramatically decreased by 95%, plummeting to just £5,000. Current assets have also fallen by 47% to £81,000. Creditors have increased significantly, rising by 280% within a year to £260,000, and other creditors have surged by 910% to £73,000. While bank borrowings decreased by 33%, the substantial increase in creditors suggests the company may be relying on short-term financing. Despite the decline in net assets, which now sits at -£110,000, the company's small size (meeting two of three criteria for a small company) allows for agility. No auditor is mentioned, likely due to its status as a small, exempt company. It’s clear that Visusnano Ltd is facing some financial pressures, but its innovative technology and focus on a specific medical need could provide a path to future growth.

Registered in England/Wales under the registration number 10116150, with a registered address at CT1 3DN, United Kingdom, Canterbury, Kent, Camburgh House, 27 New Dover Road.

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