Telecare 24 Limited

Telecare 24 Limited, a small company based in Cardiff, UK, has been providing personal alarm services for the elderly for sixteen years. Founded in 2008, the company employs sixteen people and holds assets totaling £431,219. It boasts a perfect 5.0 Google rating from 170 reviews, indicating high customer satisfaction. The company is active, with two directors and one owner, and operates from a real address. It regularly imports optical and medical tools and devices, with 31 months of import activity recorded.

The company’s core business is providing personal alarms and careline services for the elderly, with a focus on landline-free options. Its website highlights a range of products, including digital pendant alarms, fall detection alarms, and GPS tracking devices, all designed to provide reassurance and support for individuals living independently. The company also offers services for retirement schemes and managed properties, suggesting a broader reach within the care sector. Dr. Hilary Jones’ endorsement adds further credibility and visibility.

Financially, Telecare 24 Limited shows a mixed picture. Current assets increased by 14%, reaching £430,000, while net assets increased by a significant 37%, totaling £770,000. Bank borrowings increased by 25%, reaching £85,000, and cash reserves increased by 8.8%, reaching £240,000. Creditors decreased by 6.7%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in borrowings warrants attention. The company’s unaudited financial statements, as it is exempt from audit as a small company, rely on director-reported data.

The increase in bank borrowings could indicate investment in growth or expansion, but it’s important to monitor whether the company can sustain this level of debt. The strong customer reviews and Dr. Hilary Jones' endorsement suggest a solid foundation, but the financial data highlights the need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 06600164, with a registered address at CF24 5TD, Cardiff, 2 Trident Court, East Moors Road.

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