Scarboroughs Limited

Scarboroughs Limited, based in Crewkerne, Somerset, is a small, active company with a long history, having been founded 47 years ago in 1978. With just one employee and £141,361 in assets, it’s a modest operation run by two directors and a single owner. The company operates an e-commerce site and enjoys a stellar 5.0 Google rating from seven reviews. Scarboroughs Limited regularly imports optical and medical tools and devices, with a history of five months of imports, though the last recorded import was way back in December 2019.

The company’s website, Scarboroughs Health, specializes in acupuncture supplies, needles, and related equipment. It’s clearly a niche business, catering to practitioners with a range of products, from needles to moxa and even electrotherapy equipment. The site highlights a family-run business established in 1974, now in its second generation, with a wealth of experience in the acupuncture product market. It even supplies the NHS and large teaching organisations.

Financially, Scarboroughs Limited presents a mixed picture. Current assets have decreased by 24% to £140,000, while net assets have fallen by 10% to £240,000. Cash reserves have experienced a significant drop of 90%, plummeting to just £3,600. Trade debtors have also decreased by 8.3%, which could be a positive sign of improved collection efficiency. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the sharp decline in cash reserves warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

It seems Scarboroughs Limited is navigating a period of financial adjustment, with a focus on maintaining its niche market position in the acupuncture supply sector. It's a long-standing business, but the recent financial trends suggest it’s facing some challenges.

Registered in England/Wales under the registration number 01367952, with a registered address at TA18 7AB, Somerset, 9 East Street, Crewkerne.

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