Medical Travel Limited

Medical Travel Limited, based in London, UK, is a small, active company founded two years ago. With two employees and £177,921 in assets, it operates from a real address and is overseen by two directors and one owner. The company irregularly imports furniture, lighting, and prefabricated buildings, with the last import occurring two months ago.

The company’s website, RTS Travel Limited, positions itself as a leading travel management company in Kenya and Zambia, boasting over ten years of experience. It offers a range of services, including air tickets, corporate travel, leisure travel, medical travel, MICE (meetings, incentives, conferences, and events), and visa packages. The website highlights positive client testimonials, praising its expertise, personalized service, and competitive rates. It also features a blog with travel-related insights and trends.

Financially, Medical Travel Limited shows a mixed picture. Cash bank on hand has decreased significantly by 73%, dropping to £2,400. Current assets have increased by a substantial 350% to £180,000, while creditors have more than doubled, reaching £440,000. The company's equity has also declined by 56%, settling at -£250,000. Trade debtors have surged by 480%, indicating potential issues with customer payments. Despite these challenges, the company's small size (meeting two of three conditions for being classified as small) allows for agility. The absence of an auditor suggests the company is exempt due to its size, relying on unaudited financial statements.

The sharp increase in creditors and the decline in equity suggest Medical Travel Limited is facing financial pressures, although the rise in current assets could indicate increased sales activity. The company’s reliance on a small team and its focus on specialized travel services may be both strengths and vulnerabilities in a competitive market.

Registered in England/Wales under the registration number 14186469, with a registered address at SW1W 0BD, United Kingdom, London, 13 Grosvenor Gardens.

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