Boots Hearingcare Limited

Boots Hearingcare Limited, based in Llandudno, UK, is a substantial company holding a significant position within the healthcare sector. Founded sixty years ago in 1964, the company boasts 705 employees and holds assets valued at £32,099,460. With an annual revenue of £146,050,305, it’s a key player in the UK market. Six directors oversee the operations, and two owners, though the list is not exhaustive, are listed. The company regularly imports electrical machinery and equipment (for ten months of the year), and occasionally exports optical and medical tools and devices (for two months).

As a large company, it meets the criteria with a turnover exceeding £36 million, balance sheet total above £18 million, and an average of more than 250 employees. It operates as a holding company and maintains an active status. The company’s address is a real one, with only one other company registered there, suggesting a genuine business presence.

Financial analysis reveals a mixed picture. While accrued liabilities decreased slightly, accumulated amortisation on computer software and goodwill remained stable. However, depreciation on property, plant, and equipment increased, and provisions for liabilities saw a notable rise. Operating profit decreased, and net assets declined, reflecting a potential strain on the company’s financial health. Despite these challenges, cash reserves remained relatively strong, and trade debtors increased, indicating potential issues with customer payments.

The company's website, though not explicitly detailed, likely functions as an e-commerce platform for hearing aids and related services, catering to individual customers and potentially healthcare professionals. It’s not clear if the company has a physical retail presence beyond its registered address.

The lack of a mentioned auditor suggests the company is exempt from a full audit, relying on unaudited financial statements. Overall, Boots Hearingcare Limited appears to be navigating a period of financial pressure, though its established brand and significant market presence provide a foundation for future stability.

Registered in England/Wales under the registration number 00823009, with a registered address at LL30 2RH, Wales, Llandudno, 21 Trinity Square.

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