Healthandsocialecare.com Ltd.

Healthandsocialecare.com Ltd is a small, active company based in North Harrow, UK, established six years ago in February 2019. With £67,253 in assets and a real registered address, it operates as a family business with one director and two owners. The company is actively importing ceramic products, with 14 months of import activity recorded, the last in December 2024. It’s a relatively small operation, meeting two of the three criteria to be classified as such: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s website reveals it operates in the business and domestic software development and information technology consultancy activities industries. It appears to be primarily a service-based business, rather than an e-commerce operation, with no online store visible. The focus seems to be on providing IT consulting and software development services to businesses.

Financially, Healthandsocialecare.com Ltd presents a mixed picture. Current assets have significantly decreased by 64%, falling to £67,000. Net assets have also plummeted 73%, settling at £40,000. Bank borrowings have increased slightly to £110, while cash reserves have dramatically fallen by 97%, leaving just £3,400. Creditors have surged by an astonishing 950%, reaching £840,000, and trade debtors have also decreased by 13%. The company’s equity has shrunk by 73%, and net current assets and liabilities have turned negative.

The sharp decline in cash reserves and the dramatic increase in creditors suggest the company is burning through money, a common challenge for startups. The decrease in current assets and the negative net current assets and liabilities further reinforce this concern. While the company’s small size allows for agility, the financial trends raise questions about its long-term sustainability. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

Despite these financial pressures, the company’s focus on specialized IT services could provide a stable revenue stream. However, addressing the cash flow issues and managing creditor growth will be crucial for Healthandsocialecare.com Ltd to navigate these challenges and secure its future.

Registered in England/Wales under the registration number 11852668, with a registered address at HA2 7SA, United Kingdom, North Harrow, Unit 10 Churchill Court, 58 Station Road.

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