Third Hand Healthcare Ltd

Third Hand Healthcare Ltd from Alton, UK, is a small, active company founded ten years ago in 2014. With 45 employees and £786,091 in assets, it operates from a virtual address, a detail that’s a bit strange as thirty-nine other companies are registered at the same location. It’s a solo-founder operation, managed by a single director and owner, Phiri Rodgers, and boasts a perfect 5.0 Google rating based on five reviews. The company is an irregular importer, primarily dealing in vehicles, parts, and accessories, with its last import activity recorded one month ago in December 2021.

The company’s website highlights its focus on providing home care services across Farnham, Surrey, and Hampshire. It offers a wide range of care options, from specialist care and complex care to respite care and live-in care, catering to various needs including elderly care, learning disabilities, and respiratory conditions. It even offers services for those needing PEG gastronomy care. The website is very detailed, almost too much, and it’s clear they’re trying to reach a wide range of potential clients.

Financially, Third Hand Healthcare Ltd has experienced some turbulence. Current assets have declined by 29% to £790,000, while net assets have fallen by 0.84% to £780,000. Bank borrowings have skyrocketed by 1,100% to £450,000, and cash reserves have decreased by 29% to £290,000. Creditors have increased by 180% to £520,000, and trade debtors have fallen by 30% to £210,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant increase in bank borrowings suggests a need for capital. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The company’s employee numbers have also increased significantly, from 45 to 66, which is a big jump.

Registered in England/Wales under the registration number 09163838, with a registered address at GU34 1HG, England, Alton, Market House, 21 Lenten Street.

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