Richardsons Healthcare Limited

Richardson Healthcare Ltd, based in Birkenhead, UK, is a small, active company established 36 years ago. With 31 employees and £3,445,699 in assets, it operates from a virtual address and is managed by five directors and one owner. The company regularly imports and exports furniture, lighting, and prefabricated buildings, with 3 months of import activity and 39 months of export activity recorded.

The company’s website showcases a diverse range of products, from bandages and IV securements to suction catheters and wound care solutions. It’s clear Richardson Healthcare Ltd focuses on providing medical supplies and equipment, with a strong emphasis on quality and innovation. The website also highlights a commitment to sustainability and ethical practices, including a focus on reducing environmental impact and supporting healthcare professionals. There’s a blog section with articles on wound malodour, skin tears, and other relevant topics, indicating a desire to establish itself as a thought leader in the healthcare industry.

Financially, Richardson Healthcare Ltd’s recent performance presents a mixed picture. While current assets increased by 39% to £3.4 million, bank borrowings surged by 2400% to £29,000. Cash reserves dropped 74% to £480,000. Creditors decreased by 27%, suggesting better debt management, but net assets plummeted 73% to just £16,000. 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 equity decline raises concerns. The company’s accounts are unaudited, and no auditor is mentioned, which is typical for small companies. The company’s reliance on a single owner and a virtual address also warrants further scrutiny. It’s likely the company is facing some challenges, but its commitment to innovation and quality suggests it’s striving to overcome them.

Registered in England/Wales under the registration number 02301022, with a registered address at CH41 5LH, England, Birkenhead, Wirral, 6 Abbots Quay, Monks Ferry.

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