Balance Healthcare Limited

Balance Healthcare Ltd, based in Chipping Norton, UK, is a small, active company established 27 years ago. With 17 employees and £838,159 in assets, it’s a well-established player in the healthcare sector. The company, run by three directors and one owner, regularly imports and exports optical and medical tools and devices—148 months of imports and 59 months of exports recorded.

The company’s website highlights its focus on providing healthcare products to practitioners. It's an e-commerce site, offering a wide range of items, from acupuncture products and TCM herbal remedies to aromatherapy essentials and nutritional supplements. The site emphasizes quality, reliability, and education, positioning Balance Healthcare as a trusted resource for healthcare professionals. It also has a dispensary and offers clinic resources, suggesting a broader commitment to supporting the healthcare community.

Financially, Balance Healthcare Ltd presents a mixed picture. While net assets grew by a modest 5.6% to £620,000, several key indicators raise questions. Cash bank on hand dropped significantly by 53% to £30,000, and current assets decreased by 12% to £840,000. Trade debtors also declined by 16% to £390,000. The number of employees has fallen quite a bit, dropping 24% to 13, which could indicate restructuring or cost-cutting measures. The company's small size—meeting two of three criteria for a small company—means it avoids a full audit, relying on unaudited accounts.

The decline in cash reserves and employee numbers, alongside the drop in current assets, suggests Balance Healthcare Ltd may be facing some financial pressures. However, the growth in net assets and the company’s long-standing presence in the market indicate resilience. It's likely that the company is navigating a challenging economic climate, but its focus on quality products and customer service should help it weather the storm.

Registered in England/Wales under the registration number 03526483, with a registered address at OX7 6UP, England, Chipping Norton, Oxfordshire, 7-10 Langston Priory Mews Station Road, Kingham.

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