Digicare Uk Ltd

Digicare Uk Ltd, based in Littlehampton, UK, is a small, active company established nineteen years ago in 2005. Employing fifteen people and holding £177,946 in assets, it’s a solo-founded operation managed by one director and owner. The company operates from a virtual address, registered with eighty-one other businesses at the same location—a point to consider. It’s a irregular importer of ships, boats, and floating structures (two months of activity) and a irregular exporter of electrical machinery and equipment (one month).

Digicare Uk Ltd's website is not available, making it difficult to determine the specifics of their operations. However, the company is involved in warehousing and storage, satellite telecommunications, building ships and floating structures, and other service activities.

Financially, Digicare Uk Ltd presents a mixed picture. Current assets have decreased by 20% to £180,000, while net assets have plummeted 65% to £55,000. Bank borrowings have increased by 1.7% to £10,000, and cash reserves have fallen a substantial 94% to just £3,500. Creditors have increased by 64% to £170,000, and trade debtors have risen by 38% to £130,000. The company meets the criteria for a small business—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and is exempt from an audit, relying on unaudited financial statements.

The sharp decline in equity is a notable concern, suggesting the company is burning through cash. While the irregular import and export activity indicates some business, the financial data raise questions about its long-term sustainability. The lack of a website and the reliance on a virtual address further complicate the picture, making it difficult to assess the company's overall health.

Registered in England/Wales under the registration number 05644264, with a registered address at BN17 5JA, United Kingdom, Littlehampton, West Sussex, 41b Beach Road.

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