Baymed Healthcare Ltd.

Baymed Healthcare Ltd from Glasgow UK: a small, active company founded 47 years ago, employs five people, and holds £739,879 in assets. It has a real address, is overseen by four directors, and has three owners – though the list of owners changed five years ago and isn’t exhaustive. The company irregularly imports furniture, lighting, and prefabricated buildings, with its last import operation occurring one month ago.

Baymed Healthcare Ltd operates in the wholesale of pharmaceutical goods industries. Incorporated on July 07, 1977, and based at G74 5BA, Scotland, Glasgow, Unit J, No 1 Glenburn Road, East Kilbride, the address is probably real as only two companies registered at the address. The company’s status is active. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company is an irregular importer, with its top import category being Furniture, Lighting, and Prefabricated Buildings, totaling one month of imports. The last import operation was conducted on May 01, 2023.

Financially, Baymed Healthcare Ltd shows some interesting trends. Creditors rose significantly, increasing by 17%, while bank borrowings decreased by 48%. Cash bank on hand, however, plummeted by 100%, leaving just £230. Net assets liabilities also decreased by 27%, dropping to £110,000. While the company’s net current assets liabilities also decreased by 30% to £100,000. The company’s average number of employees during the period increased by 40%, rising to seven. It’s possible the company is investing in growth, but the sharp decline in cash reserves is concerning. The lack of an auditor mentioned suggests the company is exempt as a small company, relying on unaudited statements. It seems like the company is facing some pressures.

Registered in Scotland under the registration number SC062673, with a registered address at G74 5BA, Scotland, Glasgow, Unit J, No 1 Glenburn Road, East Kilbride.

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