Medlink Healthcare Ltd

Medlink Healthcare Ltd is a small, active company based in London, UK, founded six years ago. With just two employees and £30,537 in assets, it operates from a virtual address – a detail flagged by the fact 1412 other companies are registered at the same location. The company is led by a single director and owner, Wu Peng, who also acts as the solo founder. It's a small operation, meeting two of the three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Medlink Healthcare Ltd’s website reveals a business focused on facilitating international medical education. It acts as a consultancy, guiding students seeking to study medicine and dentistry in Europe. The site lists numerous universities across countries like Georgia, Bulgaria, Poland, and Cyprus, offering a wide range of programs and even suggesting options for pre-med courses. It also provides information on entry requirements, tuition fees, and even offers a service to help with the application process. It’s clear the company’s primary focus is connecting aspiring doctors with educational opportunities abroad.

Financially, Medlink Healthcare Ltd shows a mixed picture. Current assets have fallen by 38% to £31,000, while net assets have decreased by 27% to £22,000. Operating profit has plummeted to -£10,000, a significant turnaround from the £35,000 profit recorded previously. Cash bank on hand has also seen a sharp decline, dropping 45% to £27,000. Trade debtors have increased considerably, rising 540% to £3,500, which could indicate a shift towards offering credit to clients or a delay in payments. The company’s small size and lack of an auditor (likely exempt as a small company) mean these figures are unaudited.

While the consultancy business seems active and well-positioned to capitalize on the growing demand for international medical education, the financial data suggests a period of increased pressure. The decrease in profit and cash reserves could be due to increased marketing expenses or a slowdown in student enrollment. It’s likely the company is navigating the challenges common to small businesses, and whether it can sustain its growth trajectory remains to be seen.

Registered in England/Wales under the registration number 11528652, with a registered address at N13 4BS, England, London, 483 Green Lanes.

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