Derwent Healthcare Limited

Derwent Healthcare Ltd from Stamfordham Newcastle Upon Tyne UK: a small, active company founded 22 years ago, employs just two people, and holds £153,885 in assets. It’s a family business with three directors and two owners, operating from a real address. Regular imports of furniture, lighting, and prefabricated buildings have been ongoing for the past six months.

The company's website showcases its role as a UK supplier of healthcare equipment, specializing in therapy chairs, body composition analysers, and blood pressure monitors. It partners with organizations like North Lanarkshire Leisure and The Christie Hospital, providing equipment for weight management programs and clinical trials. The website emphasizes ease of use, motivational tools (like a mobile app), and the provision of latest technology. It also highlights the company's exclusive distribution agreement with MedicalSales, a German manufacturer of therapy chairs. Derwent Healthcare’s products are used across various sectors, including gyms, hospitals, and universities.

Financially, Derwent Healthcare Ltd’s recent report presents a mixed picture. Creditors have surged dramatically, increasing by 400% to £150,000 within a year, while current assets have also risen significantly, up 110% to £150,000. However, net assets have plummeted 100% to just £44, a concerning trend. Bank borrowings have also decreased, and cash reserves have increased slightly. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the substantial equity decline warrants attention. The report, being unaudited, relies on director-reported data.

The sharp increase in creditors, coupled with the drop in equity, suggests the company may be relying more on credit to maintain operations. It’s possible that increased sales, as evidenced by the rise in current assets, are fueling this trend. However, the lack of a clear profit picture raises questions about long-term sustainability.

Registered in England/Wales under the registration number 04770324, with a registered address at NE18 0PD, Stamfordham Newcastle Upon Tyne, Northumberland, Widdrington House, 35 South Side.

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