Morningside Healthcare Limited

Morningside Healthcare Ltd from Leicester, UK, is a sizable company operating as a holding entity with an active status. Established 24 years ago in March 2001, it employs 28 people and holds assets valued at £10,205,991. The company has a real address and is overseen by six directors and a single owner. It maintains a Google rating of 2.0 based on 11 reviews, reflecting mixed customer feedback. The company is an irregular importer and exporter of pharmaceutical products, with recent activity spanning two months for imports and one month for exports.

The company’s website highlights its focus on providing quality medicines, particularly in the areas of branded contraceptives, UK pharmaceuticals, and women’s health. It operates through various brands and partnerships, including collaborations with the NHS. A recent acquisition by Aspire Pharma has created the UK’s premier Specialty Pharma company. The site also features a careers section and contact information, and uses cookies.

Financially, Morningside Healthcare Ltd shows some concerning trends. While revenue increased slightly, net assets decreased significantly, dropping 10% to £10 million. Bank borrowings have risen substantially, and cash reserves have fallen by a considerable amount. Creditors have also decreased, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) allows for flexibility, but the decline in equity warrants attention. The unaudited financial statements, without a named auditor, rely on internal reporting.

The company’s irregular import and export activity, combined with the fluctuating financials, suggests a business navigating a dynamic market. The recent acquisition and focus on specialty pharmaceuticals could provide a path to stability, but ongoing monitoring of its financial health is necessary.

Registered in England/Wales under the registration number 04179047, with a registered address at NN4 7YB, England, Northampton, Nene House, 4 Rushmills.

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