Advanced Bionics Uk Limited

Advanced Bionics Cochlear Implants, a global leader in cochlear implants, is dedicated to helping people hear again or for the first time. For over 30 years, the company has been creating leading solutions, and its UK operations are based in Warrington. The company employs 24 people and holds £2.9 million in assets.

The Advanced Bionics website serves as an informative hub for those interested in cochlear implants. It’s not an e-commerce site; instead, it focuses on education and support. Visitors can learn about how cochlear implants work, explore different models like the Marvel CI, and access resources for adults and children. The site also features stories from people who have benefited from Advanced Bionics implants, highlighting the positive impact on their lives. It's clear the company prioritizes building a community and providing information rather than direct sales.

Financially, Advanced Bionics UK Limited has experienced some significant shifts. Turnover decreased by 14% to £9.7 million, and net assets fell by 48% to £2.9 million. Bank borrowings increased by 2,400% to £29,000, and cash reserves declined 30% to £220,000. On the positive side, accrued liabilities decreased by 8.5%, and administrative expenses fell by 3.6%. Creditors also decreased by 29%. The company’s reliance on the Sonova Group for centralized treasury arrangements and transfer pricing may be contributing to these fluctuations. The lack of an auditor mentioned suggests the company is exempt as a small business, meaning the financial statements are unaudited.

Despite the challenges, Advanced Bionics remains committed to innovation and providing support to its community. The company’s focus on education and personal stories demonstrates a dedication to improving the lives of those with hearing loss.

Registered in England/Wales under the registration number 03194792, with a registered address at WA1 1RX, Warrington, Sonova House Lakeside Drive, Centre Park.

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