Solutions 4 Health Ltd

Solutions 4 Health Ltd, based in Reading, UK, is a large, active company founded 17 years ago. With 382 employees and £2.4 million in assets, it generates a substantial £20.3 million in revenue annually. The company, a family business with three directors and two owners, has a strong Google rating of 4.0 from eight reviews. It’s an irregular exporter of optical and medical tools and devices, with just one month of export activity recorded.

The company operates across three divisions, providing a wide range of healthcare services, including NHS services in over 15 local authorities, information systems, and innovative AI-powered wellbeing apps. Their website showcases a commitment to tackling health inequalities, with services delivered in multiple locations across the UK, from Birmingham to Newcastle. They also offer specialized programs like smoking cessation support and sexual health services. A key feature is their bespoke smoking cessation information system and the QM10 integrated health system. The website is filled with news, testimonials, and even a Twitter feed showcasing their work.

Financially, Solutions 4 Health Ltd presents a mixed picture. Accumulated amortisation impairment intangible assets has grown significantly, increasing by 110%, and depreciation impairment property plant equipment has also increased, by 100%. However, the number of employees has decreased by 13%, from 380 to 330. Administrative expenses have risen by a considerable 41%, and the company is reporting a substantial loss of £2.3 million, a significant downturn from previous years. Bank borrowings have increased by 85%, and cash reserves have fallen by 25%. Despite these challenges, the company’s assets remain substantial at £2.4 million. The company’s auditor is ML Audit LLP.

These trends suggest the company is facing increased operational costs and potentially struggling to maintain profitability, despite its large size and wide range of services. The decrease in employees could be a response to these financial pressures, or a strategic move to streamline operations. It’s unclear whether the company’s innovative services and strong online presence will be enough to offset these challenges, but their commitment to health and wellbeing remains evident.

Registered in England/Wales under the registration number 06475161, with a registered address at RG1 8EQ, Reading, Berkshire, 1 Thames Court, 2 Richfield Avenue.

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