Lifelines Limited

Lifelines Neuro, based in Louisville, Kentucky, USA, with a UK presence in Woking, is a holding company with an active status. Founded 26 years ago in 1999, the company employs nine people and holds £4,926,107 in assets. It operates a real address and is managed by two directors and one owner. Lifelines Neuro runs an e-commerce site specializing in EEG solutions.

The company’s primary focus is the design and manufacture of medical technology, particularly video EEG monitoring devices. They cater to a range of customers, including in-home EEG providers, hospitals, clinical trial sponsors, and neurology practices. Their website showcases a comprehensive suite of products, including ambulatory EEG amplifiers, cloud-based software, and video EEG systems. They also offer services like flexible payments and expert world-class technical support.

Financially, Lifelines Neuro shows some concerning trends. Cash bank holdings have plummeted by 81%, dropping to just £2,800. Creditors have more than doubled, reaching £940,000, while trade debtors have fallen dramatically by 79%, now sitting at £110,000. Net assets have increased by 5%, reaching £4.1 million, but the sharp decline in cash raises questions about liquidity. Despite these challenges, the company’s assets remain substantial. Deferred tax expense credit relating to origination reversal timing differences has also become negative. The company, meeting two of three conditions for being a small company, relies on unaudited financial statements, and no auditor is mentioned.

The company’s focus on innovation and customer support suggests a commitment to long-term growth, but the recent financial performance indicates a need for careful management.

Registered in England/Wales under the registration number 03704047, with a registered address at GU23 7EF, England, Woking, 1 Tannery House, 2nd Floor Tannery Lane, Send.

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