Goring Medical Projects Ltd

Goring Medical Projects Ltd from Retford UK: small company, active status, founded 6 years ago, 2 employees, £1,176,388 assets, real address, 2 directors, 2 owners, family business, google rating 3.0 based on 30 reviews. Irregular importer of optical and medical tools and devices (1 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the hospital activities industries.

The business appears to be closely linked to Goring and Woodcote Medical Practice, a GP practice serving patients from two sites in Goring-on-Thames and Woodcote. The practice’s website details a wide range of services, from routine appointments and prescriptions to specialist care like mental health support and travel vaccinations. It even offers online services like appointment booking and prescription ordering via the NHS App, demonstrating a commitment to modern healthcare delivery. The website also provides extensive information on various health topics and encourages patient engagement through surveys and feedback mechanisms.

Financially, Goring Medical Projects Ltd shows some concerning trends. While current assets increased by 59%, reaching £970,000, net assets also grew to £930,000. However, bank borrowings surged by a staggering 2,400%, reaching £29,000, and cash reserves fell 69% to £850,000. Creditors also increased significantly, rising 160% to £150,000. The company’s small size helps it remain agile, but the increase in borrowing and decrease in cash reserves suggest it’s burning through money. Depreciation on plant and machinery increased by 120%, indicating investment in equipment, but also a potential drain on resources. The company is exempt from an audit, so the figures are unaudited.

Despite these financial pressures, Goring Medical Projects Ltd appears to be a well-established healthcare provider with a strong online presence and a commitment to patient care. Whether it can sustain its growth and manage its finances effectively remains to be seen.

Registered in England/Wales under the registration number 11775515, with a registered address at DN22 8QW, England, Retford, 1 Trinity Farm Cottages, Barnby Moor.

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