Walters Medical Limited

Walters Medical Ltd from Colchester UK is a small, active company founded sixteen years ago in 2008. Employing seventeen people, it holds assets valued at £2,985,433, though its registered address is a virtual one, shared by many other businesses. The company is run by two directors and two owners, with a solo founder at its helm. Walters Medical is a regular importer and exporter of optical and medical tools and devices, having imported for 708 months and exported for 90 months, with the latest activity recorded in February 2025.

The company's website showcases a wide range of medical equipment and services, from incubators and phototherapy lights to diagnostic devices and patient protection products. It operates primarily as a wholesaler, supplying medical professionals and institutions. There's a strong emphasis on brands like Atom and Riester, and the site offers repair services for various medical devices, including foetal transducers and monitor modules. The website also has a news section with updates on partnerships and product announcements. It's clear Walters Medical is focused on providing specialist critical care products and services, with a customer-focused approach.

Financially, Walters Medical Ltd presents a mixed picture. Cash bank on hand has fallen by a significant 34%, dropping to £350,000, while current assets have also decreased by 5.3%, reaching £3,000,000. However, net assets have increased by 7.8%, rising to £2,500,000. Bank borrowings have seen a slight increase, and creditors have surged by 110%, suggesting a potential need for better cash flow management. Despite the company meeting the criteria for a small business (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the increase in creditors is something to keep an eye on. The company’s property, plant, and equipment has seen a dramatic increase of 130%, which could be from investments in new equipment. With no auditor mentioned, the financial statements are unaudited.

Overall, Walters Medical Ltd appears to be a stable, albeit growing, business. Its focus on specialist medical equipment and services, combined with its customer-centric approach, positions it well within its niche market. However, the company should monitor its cash flow and creditor levels to ensure continued financial health.

Registered in England/Wales under the registration number 06742160, with a registered address at CO1 1TG, England, Colchester, Essex, The Octagon Suite E2, 2nd Floor, Middleborough.

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