Multicare Medical Limited

Multicare Medical Ltd from Hinckley UK is a small, active company founded eleven years ago in 2013. It employs fourteen people and holds £869,658 in assets. The company operates from a real address and is managed by two directors, though no owners are officially listed. It boasts a perfect 5.0 Google rating based on one review and regularly imports furniture, lighting, and prefabricated buildings—a trend that’s been ongoing for the last eleven months, with the most recent import in September 2024.

The company’s website showcases its role as a supplier of assisted living equipment, serving sectors like education, hospitals, care homes, and changing places. It offers a comprehensive range of patient handling, bathing, and care equipment, with a focus on design, installation, training, and maintenance. Multicare Medical positions itself as a "360 inhouse service offering," highlighting its experience and expertise in healthcare project planning. The website also features a product catalogue and downloadable brochures, encouraging customer engagement.

Financially, Multicare Medical Ltd presents a mixed picture. While cash reserves increased by a substantial 130% to £55,000, bank borrowings have significantly increased, with an overdraft of £55,000. Creditors have also risen by 9.2% to £580,000, and trade debtors have increased by 34% to £360,000. Net assets have improved, rising 43% to £330,000. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the increase in debt raises questions. The company's unaudited accounts, as it is exempt from an audit, rely on director-reported data.

The company’s financial trends suggest a period of growth, but also increased financial risk. While it’s managed to increase its cash position, the rise in debt could be a concern.

Registered in England/Wales under the registration number 08565494, with a registered address at LE10 3BS, England, Hinckley, Leicestershire, Progress House Jacknell Road, Dodwells Bridge Industrial Estate.

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