Odstock Medical Limited

Odstock Medical Ltd, based in Salisbury, UK, is a large holding company with an active status, established nineteen years ago. Employing twenty-four individuals, the company holds assets valued at £2,493,872 and generates a yearly revenue of £2,914,988. It’s managed by five directors and has one owner, boasting a perfect 5.0 Google rating from three reviews. The company regularly imports and exports optical and medical tools and devices, with a history of three months of imports and sixteen months of exports.

The company’s website reveals it’s a specialist supplier and provider of Functional Electrical Stimulation (FES) treatment. FES delivers small pulses of electrical stimulation to nerves supplying paralysed muscles, aiding walking and functional movements for therapeutic benefit. Odstock Medical caters to individuals with conditions like stroke, cerebral palsy, and spinal cord injury, offering a range of products including stimulators, electrodes, and specialized footwear. The website also highlights training courses and a FES clinician forum, demonstrating a commitment to professional development and community engagement.

Financially, Odstock Medical Ltd presents a mixed picture. While turnover increased by 19%, reaching £2,914,988, net assets actually decreased by 15%, falling to £1,400,000. Bank borrowings increased by a significant 600%, reaching £110,000, while cash reserves declined by 10%, settling at £1,400,000. Creditors also increased by 18%, reaching £230,000. The company’s size (meeting two of three criteria for a large company) suggests it’s established, but the decrease in net assets and increased debt could indicate financial pressure. No auditor is mentioned, likely due to its status as a small company.

Overall, Odstock Medical Ltd appears to be a well-regarded provider of specialized medical technology, but its financial performance warrants closer monitoring. The company’s focus on innovation and training suggests a long-term commitment to its niche market, but the increased debt could pose a challenge in the coming years.

Registered in England/Wales under the registration number 05532620, with a registered address at SP2 8BJ, Salisbury, Wiltshire, Salisbury District Hospital, Odstock Road.

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