Arden Orthotics Limited

Arden Orthotics Ltd, based in Birmingham, UK, is a small, active company established 28 years ago. With 24 employees and £433,630 in assets, it’s a well-established player in its field. The company has three directors and two owners, and boasts a Google rating of 3.0 based on six reviews. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances parts, with the last import operation occurring two months ago in June 2022.

The company’s website, infoardenorthotics.co.uk, showcases a bespoke orthopaedic footwear business. It offers a range of services, including bespoke orthopaedic footwear, insoles, and fabric supports, alongside repairs and adaptations. The website clearly targets both NHS and private customers, offering a download catalogue and order forms for various products. It’s a traditional business with a modern, responsive website design. The site doesn't scream "e-commerce powerhouse," but rather a service-oriented business with a strong emphasis on custom solutions.

Financially, Arden Orthotics Ltd presents a mixed picture. While current assets have increased by 17% to £430,000, net assets have plummeted by a staggering 900% to -£37,000. Bank borrowings have decreased by 4.6% to £90,000, but cash reserves have virtually disappeared, falling 100% to just £29. Creditors have increased significantly by 29% to £460,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity loss is concerning. The company’s unaudited financial statements, exempt from an audit as a small company, rely on director-reported data.

The significant drop in equity suggests the company may be burning through cash, potentially due to increased costs or slower sales. It’s possible the company is reinvesting in its business, but the lack of positive retained earnings is a warning sign. The fact that the company is importing machinery parts irregularly could also indicate supply chain issues or fluctuating demand.

Registered in England/Wales under the registration number 03365493, with a registered address at B11 1TB, Birmingham, West Midlands, 81-83 Kyrwicks Lane, Sparkhill.

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