Gainsborough Healthcare Group Ltd

Gainsborough Healthcare Group Ltd is a small, active company based in Redditch, UK, founded eight years ago in 2016. With £2,111,702 in assets and a real registered address, it employs 89 people and is run by three directors and two owners—a family business. The company regularly imports electrical machinery and equipment, with 30 months of import activity recorded, the latest in July 2024. It also exports furniture, lighting, and prefabricated buildings, although only for one month, also in July 2024.

The company’s website highlights its specialization in specialist bath manufacturing and bathroom solutions for the care sector. It delivers complete specialist bathrooms and wet rooms for healthcare environments like care homes and hospitals, with brands including Gainsborough Specialist Bathrooms, Abacus Specialist Bathroom Solutions, and Access Walk In Baths. The company emphasizes accessible design, implementation, and support, focusing on empowering and enabling lives. It's clear the company is aiming to provide a holistic service, from manufacturing to installation and ongoing support.

Financially, Gainsborough Healthcare Group Ltd presents a mixed picture. Current assets decreased by 12% to £2,100,000, while net assets increased by 12% to £880,000. Cash reserves fell 61% to £56,000, which is a significant drop. Trade debtors rose 6.3% to £850,000, suggesting a possible increase in outstanding invoices. Bank borrowings decreased, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the drop in cash reserves warrants attention. The accounts are unaudited, likely due to the company's small size, so the figures rely on director-reported data.

Overall, Gainsborough Healthcare Group Ltd appears to be a stable, family-run business operating in a niche market. While the decrease in cash reserves is a concern, the company’s strong brand reputation and focus on customer service position it well for continued success.

Registered in England/Wales under the registration number 10433373, with a registered address at B98 7ST, England, Redditch, Worcs, 10 & 11, The Oaks Clews Road.

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