Orthoform Wire Limited

Orthoform Wire Ltd from Hornchurch UK: a small company with an active status, was founded eleven years ago. It employs just two people and holds £67,758 in assets. The company has two directors and two owners, with a solo founder at its helm. It's a regular importer of optical and medical tools and devices, having imported for 17 months, with the most recent import operation made in December 01, 2024.

The company operates in the dental practice activities industries and is a small business, meeting two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. Its website, Orthoform Wire, showcases a wide range of orthodontic wire supplies, including archwire, thermal NiTi, and stainless steel options. It’s clearly an e-commerce business, offering products directly to customers and emphasizing quality and competitive pricing. The site even has a "Price Promise" guaranteeing customers the best value.

Financially, Orthoform Wire Ltd presents a mixed picture. While current assets are relatively stable at £68,000, net assets have declined by 21% to £21,000. Bank borrowings have increased by 12%, reaching £13,000, and trade debtors have fallen by 25%, suggesting a need to improve cash flow. Creditors have also decreased by 18%, which is a positive sign. The lack of an auditor mentioned—likely due to its small size—means the financial information is unaudited.

Overall, Orthoform Wire Ltd seems to be a small, specialized business navigating the challenges of a competitive market. The company's focus on quality products and customer service, combined with its online presence, suggests a potential for growth, but the declining equity and need to manage cash flow are areas to watch.

Registered in England/Wales under the registration number 08574213, with a registered address at RM11 1BE, Hornchurch, 94 Park Lane.

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