Erchonia Lasers Ltd

Erchonia Lasers Ltd from Oxford UK: small company, active status, founded 11 years ago, 5 employees, £556,874 assets, yearly revenue: £2,844,457, real address, 3 directors, 5 owners, family business. Regular importer of optical and medical tools and devices (40 months imported). Regular exporter of optical and medical tools and devices (34 months exported). It’s a small, family-run business operating in the UK, specializing in laser therapy devices for professional use. Founded in 2013, Erchonia Lasers Ltd has five employees and holds £556,874 in assets, generating £2,844,457 in revenue annually. The company regularly imports and exports optical and medical tools, with a strong focus on laser technology.

The company’s website highlights its range of lasers for pain relief, fat removal, and nail fungus treatment, catering to clinics and professionals. It emphasizes its expertise in LowLevel Laser Therapy (LLLT) and boasts 22 FDA clearances. Erchonia Lasers Ltd also provides personal support to companies in Europe, the Middle East, and Africa, working closely with its parent company to offer products, training, and service. The website also features testimonials from satisfied clients, showcasing the effectiveness of its laser technology.

Financially, Erchonia Lasers Ltd has experienced some turbulence. Current assets have dropped significantly by 37% to £560,000, and net assets have plummeted by 40% to £380,000. Bank borrowings have decreased by 14%, and cash reserves have fallen by 19% to £190,000. Operating profit loss has also dramatically increased, from £40,000 to a loss of £250,000. Trade debtors have fallen by a substantial 75%, which could be a positive sign of improved collections, but it’s also possible that sales have decreased. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the sharp decline in equity raises concerns. No auditor is mentioned, likely due to its small size and exemption from an audit.

Despite these challenges, Erchonia Lasers Ltd appears to be a resilient business, leveraging its expertise in laser technology and family-run structure. The company's focus on professional use and its strong online presence suggest a commitment to innovation and customer satisfaction—though the financial results indicate a need for careful management in the coming year.

Registered in England/Wales under the registration number 08681472, with a registered address at OX10 8BA, Oxford, Howbery Business Park Benson Lane, Wallingford.

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