Matortho Limited

Matortho Limited, based in Leatherhead, UK, is a holding company with a solid 14-year history. Employing 58 people and boasting assets of £4,254,925, the company is active and well-regarded, holding a 5.0 Google rating from one review. It’s a regular importer and exporter of optical and medical tools and devices, with 109 months of import activity and 383 months of export activity recorded. Six directors and one owner (though not exhaustive) guide the business, which operates from a real address shared by only one other company.

The company’s website highlights its position as "pioneers of next generation orthopaedic implant devices." Matortho designs, develops, and manufactures surgical equipment, specializing in hip resurfacing and knee systems. It's clear the company is focused on innovation and clinical success, with a heritage rooted in over 30 years of pioneering work. The website even features a dedicated section for patients, emphasizing the importance of information and awareness.

Financially, Matortho Limited shows a mixed picture. While turnover remained steady at £4.8 million, net assets decreased by 10% to £4.2 million. Bank borrowings increased significantly, rising by 100% to £1 million, and cash reserves dropped 50% to £640,000. Creditors also increased by 23%, reaching £870,000. The company’s staff costs increased by 20% to £3.7 million. It’s worth noting that the company's accounts are audited by Moore Kingston Smith LLP.

The increase in bank borrowings and decrease in cash reserves suggest the company may be investing heavily in growth or facing temporary cash flow challenges. The increase in staff costs, while not alarming, indicates a growing workforce. The company’s continued focus on innovation and its strong reputation in the orthopaedic market, however, provide a solid foundation for future success.

Registered in England/Wales under the registration number 07323441, with a registered address at KT22 7BA, United Kingdom, Leatherhead, Surrey, 19/20 Mole Business Park, Randalls Road.

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