My Clinic Supply Limited

My Clinic Supply Limited, based in Midhurst, UK, is a small, active company founded seven years ago. Despite being active, the company has overdue accounts and confirmation statements for a year, holding just £1,603 in assets. It operates an e-commerce site and has two directors and two owners.

The business primarily focuses on retail sales via mail order and internet, offering a range of medical supplies and equipment. The website suggests a focus on chiropractors and related healthcare professionals, offering products like adjustable examination tables, posture correction tools, and ergonomic office chairs. While the company’s online presence is professional and well-maintained, it’s unclear how extensive its operations are beyond the e-commerce platform.

Financially, My Clinic Supply Limited is showing some concerning trends. Current assets have plummeted by 61%, dropping to just £1,600. Bank cash has also seen a dramatic fall, down 79% to just £700. Creditors have increased slightly, rising by 3.2% to £5,800, and net losses deepened significantly, with retained earnings and accumulated losses now at -£4,300. Trade debtors remain stable, at £100, and the company has no reported employees. With no auditor mentioned (likely exempt due to its small size), the figures are unaudited.

The company’s small size (meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity and cash reserves suggests financial strain. It’s possible the company is reinvesting in inventory or marketing to drive growth, but the lack of positive cash flow is a cause for concern. The company’s directors, Fairclough Mark David and Symington Alexander, will need to carefully manage its finances to ensure its long-term viability.

Registered in England/Wales under the registration number 11220205, with a registered address at GU29 0FD, United Kingdom, Midhurst, 16 Sir Geoffrey Todd Walk Kings Drive, Midhurst.

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