Safe Dispenser Ltd

Safe Dispenser Ltd, based in Norwich, UK, is a small, family-run business with an active status. Founded 20 years ago, it employs nine people and holds £1,709,365 in assets. The company operates from a virtual address, with three directors and two owners at the helm. It’s an irregular importer, primarily dealing in optical and medical tools and devices, with just one month of import activity recorded as of October 2024.

The company’s website reveals a fascinating, multifaceted operation. While officially described as operating in information technology consultancy activities, Safe Dispenser Ltd’s core business revolves around procurement solutions for the NHS. It runs online ordering portals processing over 1.5 billion orders annually, even providing Alliance Healthcare Distribution with its online ordering capability. A key focus is “Evolve,” a service package promoting quality and safe prescribing across the NHS, utilizing a standardized approach to analyzing data to optimize treatment pathways. It’s a complex business model, blending technology, healthcare procurement, and patient care.

Financially, Safe Dispenser Ltd presents a mixed picture. Cash reserves saw a remarkable surge, increasing by 730% to £690,000, a very positive sign. However, creditors decreased by 63%, which is a little concerning. Trade debtors also fell significantly, by 43%, which could indicate issues with collecting payments. 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 nimble, but the decrease in debtors is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Safe Dispenser Ltd seems to be navigating a challenging environment, with a strong cash position offset by some concerning trends in debtors and creditors. Its diverse range of services and focus on NHS procurement suggest a resilient business model, but careful management of finances will be crucial for long-term success.

Registered in England/Wales under the registration number 05404915, with a registered address at NR10 5RH, England, Norwich, Norfolk, The Norfolk Clinical Park Rowan House, Buxton.

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