Wessex Healthcare Ltd

Wessex Healthcare Ltd from Portsmouth UK: small company, active status, founded 13 years ago, £57,073 assets, virtual address, 1 director, 1 owner, solo founder, google rating 5.0 based on 43 reviews. It’s a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company was established thirteen years ago on January 19, 2012, and currently has one director and owner, Lewin Richard Graham Preston. The registered address is a virtual one, with fifty-two other companies registered at the same location.

Wessex Healthcare Ltd operates primarily in the retail sale via mail order houses or via internet industries, offering a wide range of mobility products and independent living aids. The website showcases an extensive catalog, including wheelchairs, scooters, ramps, patient handling equipment, and stairlifts, catering to customers with mobility challenges. It appears to be an e-commerce business, with a clear focus on online sales and customer service, offering a variety of brands and products. The site also provides helpful advice and resources, including buying guides and links to support organizations.

Financially, Wessex Healthcare Ltd presents a mixed picture. While current assets increased slightly to £57,000, net assets decreased significantly to -£52,000, a notable drop. Bank borrowings decreased, and cash reserves plummeted by 67% to just £3,100. Trade debtors increased, and creditors also rose. The company’s small size and solo founder status likely contribute to its agility, but the decline in equity raises questions about its financial health. With no auditor mentioned, the figures are unaudited. It’s likely the company is burning through money, but it’s hard to tell without more information.

Registered in England/Wales under the registration number 07916481, with a registered address at PO4 8BF, England, Portsmouth, Office 4 8-9 Rodney Road.

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