Timesco Healthcare Limited

Timesco Healthcare Ltd, based in Basildon, UK, is a small, active company established 28 years ago. Employing 41 people and holding £7,913,568 in assets, it’s a well-established player in the medical supply sector. With six directors and a single owner, Fayyaz Nabila Naseem, the company maintains a real address and has a Google rating of 3.0 from six reviews. It regularly imports and exports optical and medical tools and devices, with 270 months of import activity and 130 months of export activity recorded.

The company's website showcases a diverse range of medical equipment, from anaesthesia and podiatry tools to global downloads and video laryngoscopes. It positions itself as a trusted manufacturer and distributor, emphasizing over 50 years of experience and a commitment to quality. The website highlights a personal customer service, efficient logistics, a reputable brand, an extensive product range, clinical feedback, quality products, end-user satisfaction, and even a 98.4% overall customer satisfaction rating. Timesco also boasts a history of 200 worldwide distributors, 8.5 million medical devices sold per year, and a 99.8% first-time quality inspection pass rate.

Financially, Timesco Healthcare Ltd’s recent performance presents a mixed picture. Current assets have fallen by 19% to £7,900,000, while net assets have also dropped 20% to £7,100,000. Bank cash reserves have decreased by 20% to £4,600,000, and trade debtors have fallen by 17% to £1,600,000. Creditors have also decreased by 19% to £820,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity raises some concerns. No auditor is mentioned, which is likely due to the company being exempt as a small entity.

The company's focus on both importing and exporting suggests a global reach, while its long history and commitment to quality indicate a stable business model. The recent financial trends, however, suggest that Timesco Healthcare Ltd may be facing some challenges in maintaining profitability—though it's likely just a normal fluctuation.

Registered in England/Wales under the registration number 03346938, with a registered address at SS14 3WN, United Kingdom, Basildon, Essex, Timesco House 3 Carnival Park, Carnival Close.

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