Ukmedequip Ltd

Ukmedequip Ltd, based in Chichester, UK, is a small, active company founded eight years ago in 2017. It employs just one person and holds £16,497 in assets, operating from a virtual address shared by 360 other companies. The business is led by a single director and owner, Asadi Ebadollah Kakavand, who is also the solo founder. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of June 2017.

The company’s core business involves the retail sale of medical and orthopaedic goods in specialised stores. It operates as a provider of community equipment services to local authorities and the NHS, delivering equipment and support to people in their own homes. It also partners with care providers, retailers, and consumers through its e-commerce website, manageathome.co.uk. The company’s website highlights its services, including equipment assessment, procurement, and a Medequip Connect system for remote monitoring.

Financially, Ukmedequip Ltd’s recent performance shows some concerning trends. Current assets have fallen by a significant 37% to £16,000, while net assets have plummeted 87% to just £790. Bank borrowings decreased by 31%, but cash reserves have also fallen by 58% to £3,900. Trade debtors have experienced a dramatic 73% decrease, while creditors have also declined by 31%. 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 nimble, but the sharp decline in equity is a cause for concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited director-reported data.

Despite these challenges, Ukmedequip Ltd continues to operate, providing essential equipment and support services. Whether it can sustain its current trajectory remains to be seen, but its focus on community equipment and online retail suggests a commitment to serving its customers.

Registered in England/Wales under the registration number 10637419, with a registered address at PO20 8PS, England, Chichester, West Sussex, Demar House 14 Church Road, East Wittering.

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