Target Healthcare Group Limited

Target Healthcare Group Limited, based in East Kilbride, UK, is a holding company with an active status. Established three years ago in February 2022, the company manages assets totaling £1,316,712. It operates from a real address with three companies registered at the same location, and is overseen by two directors and one owner. Google users rate it 4.0 based on six reviews, and it regularly imports pharmaceutical products, with the last import operation occurring in January 2025.

The company’s activities primarily involve holding investments and managing a portfolio of subsidiary companies. These include Quantum Aseptic Services Limited, Quantum Pharmaceutical Limited, Pern Consumer Products Limited, Target Healthcare Limited, and Target Healthcare (ni) Limited. Its website highlights a focus on manufacturing and supplying pharmaceutical products, and even mentions a distribution arm. While it doesn't appear to be an e-commerce business directly, its subsidiaries likely engage in sales and distribution.

Financially, Target Healthcare Group Limited presents a mixed picture. Current assets have fallen by 25%, while net assets have dropped by 34%. Bank borrowings have increased by 300%, reaching £350,000, and cash reserves have fallen by 33%. Creditors have increased by 15%, suggesting potentially strained payment terms. The company’s staff costs have increased by 35%, reflecting a growing workforce. With no auditor mentioned, the financial statements are unaudited.

The sharp decline in net assets, coupled with increased borrowings, raises concerns about the company’s financial health. However, the ongoing import activity and the presence of multiple subsidiaries suggest that it remains a viable business. The company’s management team, led by Campbell Lewis and Duncan Stephen, will need to address these financial challenges to ensure its long-term success.

Registered in Scotland under the registration number SC723531, with a registered address at G74 5PA, United Kingdom, East Kilbride, 8 Redwood Crescent.

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