Careline Care Limited

Careline Care Limited is a small, active company based in Maidstone, UK, founded seven years ago in 2017. It employs just one person and holds £198,469 in assets. The company operates from a real address, shared by four other businesses, and is led by a single director and owner, Rogers Bradford James. Careline Care is an irregular importer, specializing in electrical machinery and equipment, with its last import activity recorded one month ago. The company focuses on providing digital telecare and telehealth technology, particularly through GPS watches designed to connect and track loved ones.

Careline Care's website highlights its commitment to innovation in the digital care sector. It offers a range of products, including digital lifelines, video-enabled home care solutions, and GPS tracking devices. The site emphasizes customer service, with a dedicated team ready to assist and a blog featuring articles on elder care topics. The company’s marketing materials showcase its partnerships and commitment to providing cutting-edge technology for remote care. It's clear the company is focused on e-commerce, selling directly to consumers through its website, rather than wholesale or retail channels.

Financially, Careline Care Limited presents a mixed picture. While current assets increased by 14% to £200,000, net assets plummeted 230% to -£1,000,000. This significant decline is partially due to a 120% increase in creditors within one year, reaching £1,200,000. Bank borrowings were not mentioned, but cash reserves remain relatively stable at £3,800. The company’s fixed assets experienced a dramatic decrease of 86%, dropping to just £12,000. As a small company, it’s exempt from an audit, and the accounts are unaudited. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. It’s possible the company has taken on significant debt to fuel growth or invest in new technologies, but the financial data suggests it’s currently burning through money.

Registered in England/Wales under the registration number 11007974, with a registered address at ME14 5NZ, England, Maidstone, Vinters Business Park, New Cut Road.

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