Farla Medical Healthcare Ltd

Farla Medical Healthcare Ltd, based in Borehamwood, UK, is a small, active company founded two years ago. Employing 35 people, it holds assets valued at £3,081,605, operating from a virtual address shared by 29 other companies. With one director and one owner, the company regularly imports and exports optical and medical tools and devices, with 34 months of import activity and 23 months of export activity recorded.

The company’s website showcases a wide range of medical equipment and supplies, from defibrillators and stethoscopes to surgical instruments and PPE. It appears to be primarily an e-commerce business, with a comprehensive online catalog and a focus on providing a vast selection to healthcare professionals. The site features detailed product descriptions, brand listings, and even a clearance section, suggesting an effort to manage inventory and offer competitive pricing. It also has a chat support feature, which is a nice touch for customer service.

Financially, Farla Medical Healthcare Ltd presents a mixed picture. While holding a significant £3,081,605 in assets, the company's equity sits at a concerning -£3,800,000. This indicates accumulated losses outweighing any retained earnings. Bank borrowings have increased significantly, reaching £29,000, and cash reserves have fallen to £7,300. Creditors also increased, reaching £660,000. Despite these challenges, trade debtors have improved, suggesting better management of customer payments. The company meets the criteria to be considered small, with a turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it is exempt from an audit, so the financial information is unaudited.

The company’s reliance on a virtual address, coupled with the negative equity, raises questions about its long-term financial stability. However, its consistent import and export activity, combined with a diverse product offering, suggests it remains a viable player in the medical supply market. The director change two months ago could be a positive sign, indicating potential restructuring or new investment.

Registered in England/Wales under the registration number 14443917, with a registered address at WD6 1JN, England, Borehamwood, 4 Imperial Place, Maxwell Road.

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