William Davies Care Limited

William Davies Care Limited is a small, active company based in London, UK, founded five years ago in May 2019. With £8,740 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner, Patel Abid. The business operates in the manufacture of medical and dental instruments and supplies, and temporary employment agency activities, with a focus on international recruitment. It’s an irregular importer, with its top import category being Furniture, Lighting, and Prefabricated Buildings, totaling 1 months of imports, the last operation conducted on January 01, 2023.

The company's website highlights its services in healthcare recruitment, offering locum nurses, doctors, and allied health professionals. It also features a carbon reduction plan and a focus on international recruitment. The site promotes its partnerships and emphasizes its commitment to elevating healthcare. Products showcased include airway management tools, blood pressure monitors, and cannulas. A careers section invites applications, and a “Get in Touch” section provides contact details and a map to its London office.

Financially, William Davies Care Limited shows some concerning trends. Current assets have fallen by nearly 50%, dropping to £8,700, while net assets have plummeted 100% to -£40,000. Cash reserves have also suffered, decreasing by 89% to just £140. Bank borrowings remain steady at £49,000, but creditors have increased, with a 160% rise in liabilities within the last year. Trade debtors have increased by 58%, suggesting a potential issue with customer payments. 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 stay agile, but the significant equity decline raises questions about its financial health. As a small company, it’s likely exempt from an audit, and the figures are unaudited.

While William Davies Care Limited appears to be actively involved in healthcare recruitment, the financial data suggests it's burning through money. The company's reliance on debt and the decline in cash reserves indicate a need for careful financial management. The company is likely facing challenges in converting sales into cash flow, and it’s unclear if the international recruitment efforts are generating sufficient revenue to offset these pressures.

Registered in England/Wales under the registration number 12023351, with a registered address at E7 8QH, England, London, 215 Shrewsbury Road.

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