Novahealth Limited

Novahealth Limited, based in Harrow, UK, is a small, active company established 21 years ago. With two employees and £7,831,570 in assets, it operates from a real address and is overseen by three directors and two owners. The company’s status is active. While it irregularly imports glass and glassware (just one month of imports in 2023), it’s primarily known as a regular exporter of pharmaceutical products, with 11 months of export activity recorded up to August 2024.

The company's website highlights its services as a healthcare assistance provider, offering treatments for various cancers and neurological conditions. It operates The Leeds Gamma Knife Centre, providing advanced stereotactic radiosurgery, and offers a range of support services, including holistic care and psychological support. The website also features a "Find a Consultant" section, a blog, and patient testimonials—suggesting a focus on building trust and providing personalized care. It's clear that Novahealth Limited is targeting patients with private medical insurance or those willing to pay for their own treatment.

Financially, Novahealth Limited’s recent performance shows a mixed picture. Cash bank on hand increased by a substantial 10%, reaching £3,400,000, which is a positive sign. However, corporation tax payable surged by a significant 190%, rising to £190,000—potentially indicating a period of higher profitability but also increased tax obligations. Creditors also increased considerably, by 150%, reaching £1,300,000, suggesting a need to manage short-term debt. Trade debtors also increased, by 24%, reaching £2,200,000. Net assets increased by 19%, reaching £6,500,000. 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 agility, but the increase in liabilities warrants close monitoring. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Novahealth Limited appears to be a stable, albeit growing, business. While the increase in liabilities is a concern, the company’s focus on specialized treatments and its strong online presence suggest a potential for continued success—though it's important to keep an eye on its cash flow and debt management.

Registered in England/Wales under the registration number 05028296, with a registered address at HA1 1SL, Harrow, Middlesex, 44 Hindes Road.

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