Ortho3d Ltd

Ortho3d Ltd, based in London, UK, is a small, active company founded just three years ago in 2021. With £7,069 in assets and a virtual registered address shared by thousands of other businesses, it employs three people and is managed by three directors and one owner, Jordan James. The company operates in specialised design and engineering activities, and it’s a irregular importer and exporter of electrical machinery and equipment, with just one month of activity recorded in both categories.

The company’s website showcases a range of services and products, including 3D scanners, software, and training, alongside a partnership with Footlabs Ltd for custom orthotics. It also highlights its involvement with Wematter for 3D printing solutions. The site features testimonials and a contact form, emphasizing a focus on quality and customer satisfaction. It's clear the company is aiming to be a one-stop shop for 3D scanning, design, and manufacturing solutions, particularly within the medical field.

Financially, Ortho3d Ltd presents a mixed picture. Current assets have fallen by 26% to £7,100, while cash reserves have plummeted 91%, leaving just £700. Bank borrowings are down, but creditors have increased by 13%, suggesting a need for cash flow management. Trade debtors have risen significantly by 310%, which could be a sign of customers taking longer to pay, or a deliberate strategy to boost sales on credit. Equity has also taken a hit, falling 93% to just £240. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited.

Overall, Ortho3d Ltd appears to be burning through cash. While the business model seems promising, the sharp decline in cash reserves and equity suggests a need for careful financial planning and potentially new investment to sustain operations. The company’s reliance on a virtual address, while common for small businesses, does raise questions about its physical presence and operational scale.

Registered in England/Wales under the registration number 13644715, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.

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