Physiotherm Ltd

Physiotherm Ltd from London UK: small company, holding company, active status, founded 12 years ago, 1 employee, £65,306 assets, real address, 1 director, 2 owners. Irregular importer of electrical machinery and equipment (1 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £65,306.

Physiotherm Ltd operates as a holding company and importer, primarily focused on retail sale of medical and orthopaedic goods. Its website reveals a business specializing in infrared cabins and related wellness products, sold directly to consumers and through partner retailers. The site showcases a wide range of models, from compact single-person cabins to larger lounge options, along with accessories like lava cushions and infrared heaters. It also offers a variety of services, including consultation, installation, and maintenance. The website is well-designed and user-friendly, with detailed product descriptions, high-quality images, and customer testimonials. It appears to be a fully functional e-commerce platform, allowing customers to browse products, add them to their cart, and complete their purchase online.

Financially, Physiotherm Ltd presents a mixed picture. While current assets increased by 39% to £65,000, net assets decreased by 24% to -£54,000, indicating accumulated losses. Bank borrowings remained steady at £89,000, and cash reserves fell by 74% to just £10,000. Trade debtors increased by 25% to £55,000, suggesting potential delays in customer payments. The company’s small size and reliance on a single employee suggest a lean operation, but the negative equity raises concerns about its long-term viability. As a small company exempt from an audit, the financial data relies on unaudited director reports. It seems like the business is struggling to turn a profit, despite its online presence and product offerings.

Registered in England/Wales under the registration number 08225465, with a registered address at W10 6BD, United Kingdom, London, London, 2 - 4 Exmoor Street.

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