Be Caring Together Ltd

Be Caring Together Ltd, based in Newcastle Upon Tyne, UK, is a holding company with an active status. Founded ten years ago in 2014, the company employs twenty-one people and holds £48,934 in assets. Its registered address is a virtual one, shared by ten other companies, which is something to keep in mind. The company is managed by seven directors and has one owner, and operates an e-commerce site. It has a Google rating of 4.0 based on three reviews. The company is an irregular importer, with its top import category being Various textile products, sets, used clothing, and rags, totaling two months of imports. The last import operation was conducted on May 01, 2020.

The company’s website reveals a broader mission: supporting unpaid carers across Cambridgeshire, Peterborough, and Norfolk. It's a charity providing information, advice, and practical help to those looking after family members or friends. The site is packed with resources, from emergency planning tools to financial support guides, and even offers a "carer's prescription" and a card offering discounts. It also actively promotes its services to businesses and organisations, and is involved in initiatives like the Young Carers Alliance. The website also highlights Bridgit Care, an AI-enabled support platform.

Financially, Be Caring Together Ltd shows a mixed picture. Net assets increased by 41% to £870,000, which is a positive sign, while bank borrowings decreased by 18% to £620,000. Cash reserves, however, plummeted 88% to just £9,100, which is a significant drop. Creditors decreased by 18%, suggesting better debt management, but the substantial decrease in cash raises questions about short-term liquidity. Staff costs increased by 17% to £15 million, and net losses deepened from £5,100 to £250,000, which is something to keep an eye on. The company’s small size means it’s likely exempt from an audit, so the figures are unaudited.

Overall, Be Caring Together Ltd seems to be a well-intentioned organisation with a vital role in supporting carers, but the financial data suggests it's facing some challenges. The company's reliance on grants and donations, and the increase in staff costs, may be contributing to the liquidity issues.

Registered in England/Wales under the registration number 09137883, with a registered address at NE3 3LZ, England, Newcastle Upon Tyne, 3rd Floor Arden House Regent Centre, Gosforth.

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