Westfield Medical Limited

Westfield Medical Ltd, based in Radstock, UK, is a sizable, holding company with an active status, having been incorporated 32 years ago in November 1992. The company employs 102 people and holds assets valued at £9,088,000, generating an annual revenue of £19,510,000. It’s managed by four directors and has one owner, maintaining a respectable Google rating of 4.0 based on 26 reviews. Westfield Medical regularly imports machinery, boilers, and mechanical appliances, and exports paper and paperboard products.

The company’s core business revolves around the manufacture and distribution of specialized packaging solutions, particularly the "Humipak" system—a moisture retention pouch designed for postoperative instrument handling. The website highlights Humipak's ability to inhibit hydrophobic proteins, facilitate safe transportation of instruments, and improve health and safety compliance. It’s clear that Westfield Medical caters to hospitals and medical device manufacturers, offering a range of sterilization paper bags, wraps, and rollstock pouches. The website also includes a section for job vacancies and contact information, indicating an active recruitment process.

Financially, Westfield Medical Ltd demonstrates a mixed picture. While current assets increased by a substantial 32% to £9,100,000, net assets also surged by 65% to £5,600,000. Bank borrowings remain relatively stable, and cash reserves increased by 84% to £1,600,000. However, administrative expenses grew by 7.6% to £3,600,000, and director remuneration increased by 10% to £290,000. The company’s size (meeting two of three criteria for a large company) suggests a stable operation, but the increase in administrative costs warrants further scrutiny. The accounts are audited by Bishop Fleming LLP, providing a degree of assurance.

Overall, Westfield Medical Ltd appears to be a well-established company operating in a specialized niche. The growth in assets and revenue suggests a healthy business, but the rising administrative expenses could be a potential area of concern. The company’s focus on innovation and quality, as evidenced by its Humipak system, positions it well for continued success in the medical packaging market.

Registered in England/Wales under the registration number 02769324, with a registered address at BA3 4DP, England, Radstock, Somerset, Second Avenue Westfield Industrial Estate, Midsomer Norton.

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