Medequip Solutions Ltd

Medequip Solutions Ltd is a small, active company based in Warmley, UK, founded eighteen years ago. It employs just two people and holds £17,709 in assets, operating from a virtual address where sixty-five other companies are registered. The company is led by one director and has two owners, though the list of owners was changed eight years ago. It's an irregular importer of electrical machinery and equipment, with the last import activity recorded one month ago.

The company's primary function is providing community equipment services to local authorities and the NHS, delivering equipment and support to people in their own homes. They also operate an e-commerce website, Manage At Home, selling mobility aids and equipment. Their website details a wide range of services, including procurement, contract implementation, and repair, maintenance, and recycling. They even offer a retail presence with locations across the UK.

Financially, Medequip Solutions Ltd presents a mixed picture. Current assets have decreased by 35% to £18,000, while net assets have increased by 11000%, reaching £2,700. Bank borrowings have decreased by 64%, falling to £5,800, and cash reserves have increased by 42%, reaching £15,000. Creditors have decreased by 5%, and trade debtors have decreased by 83%. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, relying on unaudited statements. The significant increase in net assets, while positive, warrants further investigation, and the decrease in trade debtors could indicate a change in payment terms or potential collection issues.

Registered in England/Wales under the registration number 05893035, with a registered address at BS30 8XT, England, Warmley, Bristol, Unit 1, Office 1 Tower Lane Business Park, Tower Lane.

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