Forma-care (uk) Ltd

Forma Care Uk Ltd, based in Durham, UK, is a small holding company with an active status, established six years ago. The company employs just one person and holds £457,772 in assets, operating from a real address. With two directors and two owners, it functions as a regular importer of miscellaneous manufactured goods, having imported for 25 months, with the latest import occurring in December 2023.

The company’s website reveals a focus on continence healthcare products, specifically targeting the NHS supply chain. Forma Care positions itself as a provider of proven products and savings for the healthcare sector, offering a wide range of pads, slips, and support items. It emphasizes quality comparable to existing suppliers, clinical support through a dedicated nurse advisor team, and a free online portal for healthcare professionals. The company is on the NHS Supply Chain and manages the onboarding process for clients, offering samples and quick calls to arrange meetings.

Financially, Forma Care Uk Ltd presents a mixed picture. Accumulated depreciation on property, plant, and equipment has increased, and bank borrowings have risen significantly, alongside an increase in overdrafts. However, cash reserves have also improved. Net assets have decreased considerably, and trade debtors have fallen sharply, suggesting improved cashflow management. Despite these challenges, the company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility. The company’s net losses have increased, and the decrease in current assets is concerning, but it's likely a result of the company’s growth and expansion. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Registered in England/Wales under the registration number 11786179, with a registered address at DH7 8TZ, United Kingdom, Durham, 1b Kingfisher House St. Johns Road, Meadowfield Industrial Estate.

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