Corecare Global Ltd

CoreCare Global Ltd from Wetherby UK is a small holding company with an active status, founded eleven years ago in 2014. The company employs twenty-eight people and holds £7,498,219 in assets, generating a yearly revenue of £4,133,015. It operates from a real address in Wetherby and is overseen by eight directors and one owner. CoreCare Global regularly imports furniture, lighting, and prefabricated buildings—a consistent pattern over thirty months—and has also exported these same items for five months.

The company’s website reveals a focus on healthcare equipment, with a core business of retail sales via online and mail order. Additionally, it owns and trades under the name 1066 Pianos, a division specializing in high-end piano restoration, operating from Cambridge with a showroom in Harrods, London. The company emphasizes family ownership and British craftsmanship across both ventures.

Financially, CoreCare Global Ltd presents a mixed picture. While turnover remains steady, net assets have decreased significantly, falling 24% to £1,600,000. Bank borrowings have increased substantially, reaching £29,000, and cash reserves have declined by 71% to £41,000. Creditors, however, have decreased by 18%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the drop in equity raises questions. The financial statements are unaudited, and no auditor is mentioned.

The company’s financial numbers suggest a period of transition. While the core business appears to be functioning, the decrease in equity and reliance on borrowing could indicate challenges ahead. The success of the 1066 Pianos division, with its focus on prestige and heritage, may offer a counterbalance to the pressures facing the retail operations.

Registered in England/Wales under the registration number 08931470, with a registered address at LS23 7AU, England, Wetherby, Rofta House Rudgate, Thorp Arch.

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