X-tech Medical Limited

X-Tech Medical Ltd, based in Stonehouse, UK, is a small, active company founded thirteen years ago. With thirty-two employees and £2,136,492 in assets, it operates from a real address and is led by one director and owner. The company regularly imports and exports optical and medical tools and devices—nineteen months of imports and seventy months of exports recorded—demonstrating a focus on international trade.

The company’s website highlights its role as a design, development, and manufacturing partner for medical and dental products. Based in Gloucestershire, X-Tech Medical operates Class 7 ISO 10,000 cleanrooms, holds ISO134852016 accreditation, and can even CE mark products for clients. They offer services from concept to full-scale manufacturing, leveraging SolidWorks CAD software and advanced production control modules. Recent news includes upgrades to their SAP ERP IT system and increased demand for patient airway and ventilation products due to the Covid-19 pandemic.

Financially, X-Tech Medical Ltd shows a mixed picture. Current assets have decreased by 23%, dropping to £2,100,000, while net assets increased by 7.7%, reaching £2,600,000. Bank borrowings remained steady at £520,000, but cash reserves plummeted 44%, falling to £890,000. Trade debtors have increased by 5.2%, suggesting a potential need to manage cash flow. 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 decrease in cash reserves warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited. The company’s financial stability is uncertain, but its focus on quality and regulatory compliance—along with its manufacturing capabilities—suggests a long-term potential.

Registered in England/Wales under the registration number 07662874, with a registered address at GL10 2LU, Stonehouse, Gloucestershire, Xograph House, Ebley Road.

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