Ph Medicare Ltd

Ph Medicare Ltd is a small, active holding company based in Bourne, UK, founded six years ago in 2018. It holds assets of £7,344,576 and has five directors and two owners. The company operates in the wholesale of pharmaceutical goods industries and is an irregular importer, with its top import category being Clothing and accessories, not knitted or crocheted, totaling 2 months of imports. The last import operation was conducted on December 01, 2020.

The company’s website, phmedicare.com, presents a healthcare provider specializing in nursing care and medical equipment supply. It offers a range of services, including personalized nursing care, telemedicine, and medical equipment supply. The website also features a blog with articles on healthcare topics and a testimonials section showcasing positive customer feedback. It seems to be a modern e-commerce business with a focus on customer service and a wide range of healthcare solutions.

Financially, Ph Medicare Ltd shows some concerning trends. Cash bank on hand has plummeted by 90%, falling to just £80,000. Creditors have also decreased significantly, dropping 22% to £7,500,000. However, profits have increased dramatically, rising 700% to £210,000. The company’s equity has remained stable at £5,900,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and zero employees reported. With no auditor mentioned, the financial statements are unaudited.

The sharp decline in cash reserves, despite a significant profit increase, suggests the company may be reinvesting heavily in its operations or facing increased working capital requirements. The decrease in creditors could indicate improved debt management, but it’s important to monitor these trends closely. Overall, Ph Medicare Ltd appears to be a growing company, but its financial health warrants careful observation.

Registered in England/Wales under the registration number 11583697, with a registered address at PE10 0DN, England, Bourne, Polyco Healthline, South Fen Road.

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