Procure Health Limited

Procure Health Ltd from Aylesbury UK: a small, active company founded 14 years ago, employs 18 people, and holds £1,354,701 in assets. It's a real address with six directors and two owners. The company regularly imports optical and medical tools and devices – 21 months worth, with the latest import operation made on January 01, 2025. It operates in the non-specialised wholesale trade industries.

The company's website is not available for review, making it difficult to assess its online presence or e-commerce activities.

Financially, Procure Health Ltd presents a mixed picture. While net assets increased by 28%, rising to £210,000, other key indicators show some volatility. Cash reserves grew significantly, increasing by 100% to £110,000, which is a positive sign. However, bank borrowings surged by 2,400%, reaching £29,000, and trade debtors ballooned by 890%, suggesting delayed customer payments or expanded credit terms. Creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's tax expense for the year comprises current and deferred tax. The company’s directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

Registered in England/Wales under the registration number 07305206, with a registered address at HP20 1DQ, Aylesbury, Buckinghamshire, Unit 5 Farmbrough Close.

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