Spectrum Healthcare (uk) Limited

Spectrum Healthcare (uk) Limited, based in Northampton, UK, is a small holding company with an active status, having been incorporated eighteen years ago in 2007. The company employs seven people and holds £380,518 in assets. It operates from a virtual address – a point of note as 134 companies are registered at the same location – and is overseen by three directors and one owner. Spectrum Healthcare regularly imports and exports furniture, lighting, and prefabricated buildings, with 5 months of import activity and 11 months of export activity recorded, the latest in November 2023.

The company’s website reveals a focus on evacuation and rescue equipment, catering to hospitals, care homes, and other public buildings. It offers a range of products, including bariatric evacuation mats, stretchers, kneeling systems, and work chairs, all designed to ensure the safe movement of individuals and reduce the risk of injury to carers. The site also features a piano restoration division, a surprising diversification from its core focus on safety equipment. The website also has a blog with useful links.

Financially, Spectrum Healthcare presents a mixed picture. Current assets increased by 27% to £380,000, while cash reserves grew by 43% to £250,000 – a positive trend. However, debtors decreased by 25%, suggesting potential issues with collecting payments. Creditors rose by 15%, and other creditors jumped a substantial 68%, which could indicate increased borrowing or supplier costs. Equity increased by 40%, which is good news. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the increase in creditors warrants closer monitoring. The financial statements are unaudited and exempt from audit, which is common for small companies.

Overall, Spectrum Healthcare appears to be a stable, albeit small, business. The diversification into piano restoration is an interesting development, and the company’s focus on safety equipment suggests a niche market with potential for growth. The company’s financial performance is generally positive, but the increase in creditors should be watched carefully.

Registered in England/Wales under the registration number 06197553, with a registered address at NN2 7AZ, United Kingdom, Northampton, 22-24 Harborough Road Kingsthorpe.

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