Kalium Health Ltd

Kalium Health Ltd from Girton UK is a small company with an active status, founded six years ago. It employs eight people and holds £207,600 in assets. The company has four directors but no owners reported, which is a bit unusual. It’s an irregular importer, primarily dealing with rubber and rubber products, with just one month of import activity recorded as of January 01, 2024.

The company’s website highlights its focus on personalised chronic disease management, specifically in the area of kidney care. It's aiming to shift healthcare into the home and leverage value-based care providers, with a mission to enable active monitoring of key risks in kidney disease. The site showcases two main areas: optimising medication combinations and facilitating patient self-management. It also mentions reducing the burden of in-person bloodwork and features a section for partners and news. The company is clearly trying to position itself as a tech-driven solution for improving kidney care outcomes.

Financially, Kalium Health Ltd shows some concerning trends. Accumulated depreciation impairment for property, plant, and equipment decreased by 40%, with computer equipment seeing the biggest drop. Cash bank on hand plummeted 50% to £150,000, and current assets fell by 55% to £210,000. Creditors decreased significantly by 72%, which is a positive sign, but the sharp decline in equity—a 16% increase to -£2,000,000—raises questions about the company’s financial health. Debtor levels have also dropped considerably. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited.

While the company’s focus on innovation and personalised care is promising, the financial data suggests it's burning through cash. The decrease in assets and the negative equity indicate a need to either increase revenue or secure additional funding. The lack of mentioned auditor is a bit of a red flag, and the company should consider getting a third party to look at the numbers.

Registered in England/Wales under the registration number 11534901, with a registered address at CB3 0QH, England, Girton, Unit 1 Cambridge House, Camboro Business Park, Oakington Road.

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