Imedicare Limited

Imedicare Ltd from London Colney UK: a small, active company founded 20 years ago, employs 16 people, and holds £1,956,802 in assets. It’s a real address, managed by two directors and a single owner, who is also the solo founder. The company operates an e-commerce site and has a Google rating of 2.0 based on just two reviews. It regularly imports and exports optical and medical tools and devices, with 70 months of import activity and 3 months of export activity.

The company's website, while not fully detailed in the report, suggests a focus on retail sales via mail order and internet. It appears to be a small, family-run operation, with a focus on providing medical supplies.

Financially, Imedicare Ltd presents a mixed picture. Current assets have increased by 34%, reaching £2,000,000, which is good. However, net assets have also increased by 27%, reaching £1,400,000. Bank borrowings have decreased by 23%, falling to £71,000, and cash reserves have increased by 30%, reaching £200,000. Creditors have increased by 35%, reaching £860,000. The company meets two of the three criteria to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), which helps with flexibility. No auditor is mentioned, which is typical for a small company.

The increase in creditors suggests the company is utilizing credit to manage its operations, while the rise in cash reserves indicates improved liquidity. The relatively low Google rating, despite being a long-standing business, could be an area for improvement. Overall, Imedicare Ltd seems to be navigating a steady course, but should keep a close eye on its debt levels and customer feedback.

Registered in England/Wales under the registration number 05221407, with a registered address at AL2 1UD, London Colney, Herts, 27 Rosemary Drive, Napsbury Park.

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