Cheers Health Care Limited

Cheers Health Care Limited, based in London, UK, is a holding company with an active status, established seven years ago in September 2017. Despite having three directors and one owner, the company employs just two people and reported yearly revenue of £4,012,977. It operates from a real address shared by only three other companies. The business is a regular importer, specializing in toys, games, and sports equipment, with 35 months of import activity recorded, the latest in December 2024.

The company's website, CheersNHS, focuses on rewarding National Health Service (NHS) workers. It operates a platform where customers purchase Just Eat vouchers for NHS staff, with CheersNHS matching the gesture and notifying the recipient. The site emphasizes a "Wall of Love" and partnerships with various companies who sponsor the initiative. Meals are proudly sponsored by several companies, with each sponsoring one in ten takeaways donated. The company is registered in England and Wales and operates under the name Cheers Healthcare Workers Limited.

Financially, Cheers Health Care Limited shows a mixed picture. Turnover increased by 23% to £4 million, but net losses deepened to -£230,000 from -£230,000. Cash bank on hand fell significantly by 47% to £150,000, while creditors rose considerably by 57% to £300,000. Interestingly, administrative expenses increased by 11% to £1.2 million, and interest payable surged by 130% to £66,000. The company is classified as a large company, meeting two of three criteria: turnover exceeding £36 million, balance sheet exceeding £18 million, and employing more than 250 people. The financial statements were audited by TC Group, and the report was authorized on September 23, 2024. While the company's growth in revenue is encouraging, the increase in expenses and the decline in cash reserves suggest it’s burning through money, though the auditor’s opinion was positive.

Registered in England/Wales under the registration number 10957214, with a registered address at W6 7NL, England, London, 1st Floor 184 Shepherds Bush Road.

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