Qualitech Healthcare Ltd

Qualitech Healthcare Ltd, based in Maidenhead, UK, is a small, active company established eleven years ago. With three employees and £76,388 in assets, it operates from a virtual address shared by sixty-five other companies, a detail that warrants further scrutiny. The company is led by three directors and has one owner, Connolly Nicola Ann. It's an irregular importer, primarily dealing with optical and medical tools and devices, with its last import activity occurring just one month ago. The company operates in the wholesale of pharmaceutical goods industries.

Qualitech Healthcare’s website showcases a range of innovative medical devices, particularly focusing on the “Qualitech Healthcare VAP Prevention System” and “PneuX System.” The site features a secure sign-in area, suggesting a focus on professional users and potential distributors. It also includes a learning hub with literature and IFU’s (Instructions for Use), indicating a commitment to providing technical information. The site’s design is clean and modern, with a clear emphasis on product innovation and customer support. It also has a privacy policy and a cookie policy.

Financially, Qualitech Healthcare Ltd presents a mixed picture. While current assets have increased slightly to £76,000, net assets have significantly declined to -£3.9 million. This large negative equity, coupled with a 15% increase in creditors to £3.4 million, suggests the company is burning through cash and relying heavily on borrowing. Bank borrowings are also up, and cash reserves have fallen. However, debtors have decreased, indicating improved collection of outstanding invoices. 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 substantial losses raise concerns about long-term sustainability. The accounts are unaudited, and no auditor is mentioned, which is typical for a small, exempt company.

Registered in England/Wales under the registration number 08686014, with a registered address at SL6 4AA, Maidenhead, Berkshire, 11 Castle Hill.

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