2ic-care Ltd

2ic-Care Ltd from London UK: a small, active company founded four years ago, employs three people, and holds £1,696,233 in assets. It’s a solo founder operation with four directors, and the company has a real address. They are an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with recent imports occurring two months ago.

The company’s core business revolves around technology enabled care, specifically the Andi platform. Andi is described as an award-winning digital technology solution designed to deliver both proactive and preventative care. The website highlights Andi’s ability to improve quality of life, reduce reactive care costs, and facilitate a smoother transition to digital care systems for local authorities. It’s marketed as a way to save on peripherals, personalize care packages, direct alerts to the right people, and centralize data from various sources.

Financially, 2ic-Care Ltd presents a mixed picture. While cash bank on hand increased by a substantial 39% to £1,100,000, net assets decreased significantly by 180% to -£3,000,000. Creditors dropped by 59% to £370,000, suggesting better debt management, but trade debtors also fell by 30% to £60,000. The average number of employees during the period increased by a significant 130% to seven, which could be a sign of growth or a temporary surge in activity. The company’s retained earnings and accumulated losses are a substantial negative -£3,000,000.

The increase in depreciation for property, plant, and equipment is notable, particularly for computer equipment, but it’s likely a result of increased investment in technology to support the Andi platform. The company is small, meeting two of three conditions for classification, and the lack of an auditor mentioned suggests it's exempt as a small company. The company's focus on digital transformation and its innovative Andi solution suggests potential for future growth, but the negative equity raises questions about its long-term financial sustainability.

Registered in England/Wales under the registration number 12976318, with a registered address at SW14 8JN, London, 20 Mortlake 20 Mortlake High Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.