Doctap Ltd

DocTap Ltd, based in London, UK, is a small, active company founded ten years ago in 2015. With 93 employees and £3,077,682 in assets, it provides medical services through a network of London clinics and video appointments. The company, run by two directors and one owner (Hamilton Alexander), regularly imports miscellaneous chemical products, with the last import operation recorded three months ago.

DocTap’s website showcases a range of services, including GP appointments, sexual health testing, health screens, and mental health support. It operates nine London clinics, offering both in-person and video consultations, onsite laboratory testing, and even medication dispensing. The website emphasizes speed and convenience, with instant test results and a focus on patient control—book an appointment quickly, view availability by time and clinician, and access medical records easily.

Financially, DocTap Ltd presents a mixed picture. While net assets declined by 10% to £2,900,000, current assets also dropped by 12% to £2,700,000. Cash reserves took a significant hit, plummeting 84% to just £410,000—a substantial decrease. Trade debtors, however, increased dramatically by 430% to £2,300,000, suggesting a potential issue with collecting payments or an expansion of credit terms. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp decline in cash reserves warrants attention. The accounts are abridged and unaudited, with no auditor mentioned, relying on director-reported data.

The decrease in average number of employees during the period by 45% to 27, is also something to consider. It’s possible this is a strategic move to reduce costs, but it could also indicate challenges in retaining staff. Overall, DocTap Ltd appears to be navigating a period of change, balancing growth with financial pressures—and hopefully, its focus on patient convenience will help it weather the storm.

Registered in England/Wales under the registration number 09518278, with a registered address at W6 9JG, England, London, 97-99 King Street.

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