Healthcare Technology Limited

  • Small
  • Active
  • 48 years
  • 6 employees
  • £2,375,489 (assets)
  • Real address
  • 5 directors
  • 1 owner
  • Regular importer
  • Regular exporter
  • Solo founder

Field of Operation

Management consultancy activities other than financial management
70229 270089 companies

Social media

Summary

Healthcare Technology Limited, based in Waterlooville, UK, is a small, active company with a long history, having been founded 48 years ago in 1976. It employs six people and holds £2,375,489 in assets. The company, owned and directed by the Macgregor family, operates from a real address and boasts five directors, with Callum Macgregor as the sole owner. It’s a solo founder story, really.

The company specializes in the manufacture and distribution of innovative healthcare devices for pain relief, selling them both online and offline. Its website, infomedicaltechnologyltd.co.uk, highlights a network of distributors across the UK, Ireland, USA, Holland, Germany, Hungary, Czech Republic, and Hong Kong. It also emphasizes its patents, products, and annual device sales, with testimonials praising the devices' ability to ease pain. They even have a showroom in Harrods!

Financially, Healthcare Technology Limited shows some concerning trends. Current assets have dropped by 22%, falling to £2,400,000, while net assets have decreased by 8.3%, reaching £1,900,000. Cash reserves have also fallen by 5.4%, sitting at £2,300,000. Trade debtors have plummeted by a massive 94%, leaving just £35,000, and creditors have decreased by 47%, falling to £560,000. The company’s small size—meeting two of three conditions for being a small company—helps it remain flexible. The lack of an auditor mentioned suggests it’s exempt from an audit as a small company.

Overall, Healthcare Technology Limited appears to be facing some financial headwinds, with declining assets and a significant drop in receivables. However, the company’s established network of distributors and positive customer reviews suggest a strong foundation for future growth, if they can address these challenges.

Registered in England/Wales under the registration number 01279971, with a registered address at PO7 7SF, Waterlooville, Hampshire, Dragoon House, Hussar Court.

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

Owners & PSC

  • 9 years
  • 2
  • 50%+

Managers

  • N/A
  • 1
Chairman
Manager
Company director
  • 28 years
  • 3
Managing director
Medical advisor

Last reports

Download the last financial report
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Last news

  1. Confirmation statement made on 2024-11-09 with no updates
  2. Total exemption full accounts made up to 2024-03-31
  3. Confirmation statement made on 2023-11-09 with no updates
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