Hydrate For Health Limited

Hydrate For Health Limited, based in Bristol, UK, is a small, active company established 18 years ago. With a single employee and £100,520 in assets, it operates from a virtual address, a detail flagged by the registration of 329 other companies at the same location. The business is led by two directors and owned by Moran Mark, a solo founder who also serves as a director. It’s an irregular importer, primarily dealing in plastics and plastic products, with its last import operation occurring two months ago in 2019.

The company’s core activity revolves around the "Hydrant," an award-winning hands-free drinking system designed to help people stay hydrated, particularly those with limited mobility. Its website showcases a range of products, including PPE visors and specialized Hydrant models for healthcare, maternity, sports, and leisure settings. The company has even received The Queen’s Award for Enterprise Innovation in 2013 and has been praised by Sir Ranulph Fiennes. The website highlights the Hydrant's ability to solve a significant issue in healthcare – dehydration – by providing easy access to fluids for those who struggle to reach, lift, or hold drinks.

Financially, Hydrate For Health Limited appears to be facing some headwinds. Current assets have decreased by 26%, dropping to £100,000, while net assets have plummeted 28%, reaching £91,000. Bank borrowings have increased slightly, and cash reserves have fallen by a substantial 60%, leaving just £21,000. Creditors have also decreased, and there’s been a notable increase in other debtors. The company’s small size—meeting two of three criteria for being considered small—helps it maintain agility, but the significant decline in equity raises concerns. As a small company, it’s exempt from an audit, so the figures are unaudited.

It’s clear that Hydrate For Health Limited is navigating a challenging period, despite its innovative product and positive recognition. The company’s focus on niche markets and its commitment to solving a real-world problem suggest potential for future growth, but the financial data indicates a need for careful management and possibly new strategies to ensure long-term sustainability.

Registered in England/Wales under the registration number 06218016, with a registered address at BS8 3NG, United Kingdom, Bristol, Brunel House 11 The Promenade, Clifton.

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