Buchanan Orthotics Limited

Buchanan Orthotics Ltd, based in Glasgow, UK, is a small, holding company with an active status, celebrating 50 years since its founding in 1974. Employing 63 people, the company holds £988,673 in assets and operates from a real address, overseen by two directors and one owner. It's a regular importer and exporter, specializing in optical and medical tools and devices, with 67 months of import activity and 4 months of export activity.

The company's website showcases a comprehensive range of products and services, primarily focused on orthotics and prosthetics. It acts as a UK distributor for Coyote components and Dictus Band, highlighting a network of partnerships. Services include custom manufacturing, orthotic services, and breast care, catering to both NHS and private clinics. A section dedicated to "Featured Products" spotlights specific items like the Dictus Flex Paediatric AFO Strut. The site also features news updates, including a recent ISO 9001:2015 reassessment and a vacancy for an Orthotist in NHS Fife.

Financially, Buchanan Orthotics Ltd shows some concerning trends. While fixed assets increased by a substantial 43%, current assets declined by 3.7% to £990,000. Net assets increased by 4.6% to £690,000, but cash reserves decreased by 22% to £190,000. Bank borrowings decreased by 22% to £7,300, and creditors increased by 3.3% to £500,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the drop in cash reserves is something to keep an eye on. The company is exempt from an audit, so the figures are unaudited.

Overall, Buchanan Orthotics Ltd appears to be a well-established business with a strong network of partners, but the recent financial figures suggest a need for careful management and potentially some adjustments to maintain long-term stability.

Registered in Scotland under the registration number SC056378, with a registered address at G51 3AR, Glasgow, 603 Helen St.

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