Joint Operations (spine) Ltd

Joint Operations Spine Ltd, based in Swindon, UK, is a small, active company founded eight years ago in 2017. With three employees and £463,253 in assets, it operates from a real address and is managed by two directors and owners. The company regularly imports and exports optical and medical tools and devices—108 months of import activity and five months of export activity recorded.

The company’s website, Joint Operations, positions itself as a leading supplier of surgical products and recovery solutions, catering to the NHS and private sector. It offers a wide range of products, from joint preservation and extremities to burns, plastics, and skin treatments, alongside recovery bracing and cryotherapy devices. The website also highlights clinical studies, training events, and a video gallery, suggesting a focus on education and innovation. It’s a bit confusing to read, but it seems they’re a distributor rather than a manufacturer, working alongside other companies.

Financially, Joint Operations Spine Ltd presents a mixed picture. While current assets increased by 22%, net assets decreased by a significant 200%, indicating a substantial equity drop. Bank borrowings increased by a whopping 2,400%, reaching £29,000, and cash reserves fell 17% to £6,800. Creditors decreased by 56%, which is good, but the large increase in debt is concerning. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 10 employees. There’s no auditor mentioned, likely due to its small size.

The large decrease in equity, despite increased assets, suggests the company may be burning through cash to fuel growth or facing increased operating costs. The substantial increase in debt could be a sign of financial strain, but it could also be a strategic move to fund expansion. It's a bit of a puzzle, really.

Registered in England/Wales under the registration number 10694337, with a registered address at SN4 8SY, England, Swindon, 11 Interface Business Park Bincknoll Lane, Royal Wootton Bassett.

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