The Tinnitus Clinic Limited

The Tinnitus Hearing Clinic, based in London, UK, is a small, active company established ten years ago. Employing four people and holding £60,012 in assets, it operates from a virtual address shared by sixteen other companies, raising some questions. The clinic is led by three directors, including Swinhoe Josephine Sarah, who also acts as the sole owner and solo founder. It imports optical and medical tools and devices, though irregularly, with the last import occurring just one month ago.

The clinic’s primary focus is providing tinnitus and hearing loss treatments. Its website showcases a range of services, including tinnitus desensitisation therapy, Lenire therapy, and hearing aid fittings. It’s not an e-commerce site; instead, it functions as an informational hub and appointment booking platform. The site emphasizes evidence-based treatments and personalized care, with a strong focus on patient testimonials and expert advice. It also offers online assessments and a selection of tinnitus accessories.

Financially, The Tinnitus Clinic Ltd shows some concerning trends. Current assets have fallen by 26%, dropping to £60,000, while net assets have also decreased by 3.3%, settling at -£370,000. Cash reserves have vanished completely, falling 100% from £17 to zero. Trade debtors have also decreased by 27%, suggesting a tightening of credit terms. Despite these challenges, creditors have also decreased by 28%, which could be a positive sign of better debt management. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it benefits from simplified reporting requirements and doesn't have an auditor listed, relying on unaudited financial statements.

The company's future hinges on its ability to maintain a steady stream of patients and effectively manage its finances. The clinic's focus on specialized treatments and patient care positions it well in a growing market, but the negative equity and depleted cash reserves are a cause for concern.

Registered in England/Wales under the registration number 09085639, with a registered address at W1W 6AB, England, London, Bentinck House, 3-8 Bolsover Street.

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