Mobilityplus Wheelchairs Ltd

Mobilityplus Wheelchairs Ltd from Bishops Stortford UK: a small, active company founded five years ago, employs three people, and holds £1,344,909 in assets. It’s a solo founder operation, with one director and owner, and operates an e-commerce site with a stellar 5.0 Google rating from 76 reviews. The company regularly imports vehicles, parts, and accessories (not for trains or trams), with 37 months of import activity recorded, and has dabbled in exporting these items for just one month, as of August 2022.

Mobilityplus Wheelchairs’ website showcases a range of mobility aids, including electric wheelchairs, mobility scooters, and riser recliners. It emphasizes affordability, premium quality, and unrivalled customer service. The site even highlights a showroom in Bishop's Stortford, offering customers a chance to test and view the products in person. The company’s blog features articles on topics like mobility scooter selection and the latest industry trends, demonstrating a commitment to educating and assisting customers.

Financially, Mobilityplus Wheelchairs Ltd exhibits some interesting trends. Current assets have increased by 32%, reaching £1,300,000, while net assets have surged 74%, hitting £1,300,000. Bank borrowings decreased by 31%, dropping to £24,000, and cash reserves have grown by 30%, reaching £990,000. However, creditors have increased by 42%, rising to £190,000, and trade debtors have ballooned by 890%, suggesting potential payment delays. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in debtors warrants closer attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Mobilityplus Wheelchairs Ltd appears to be in a healthy position, with growing assets and strong cash reserves. However, managing its debtors and keeping a close eye on creditors will be key to sustaining its growth in the long run.

Registered in England/Wales under the registration number 12139959, with a registered address at CM23 4TR, United Kingdom, Bishops Stortford, Hertfordshire, Unit 8-10 Thorley Fields Business Park, Wood Street.

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