Pegasus Orthotics Ltd

Pegasus Orthotics Ltd, based in Lisburn, UK, is a small, active company founded 11 years ago. With eleven employees and £106,718 in assets, it’s a modest operation led by one director and owner. The company boasts a Google rating of 4.0 based on three reviews, and operates from a real address at Unit 14 Crescent Business Park. It’s an irregular importer, with its top import category being optical and medical tools and devices, totaling 2 months of imports.

The company’s website showcases a focus on custom orthotics, offering a “new dimension in the design and manufacturing” of foot supports. It highlights a 3D digital gateway, interactive order forms, and a lifetime guarantee against breakage. The site emphasizes a patient-centric approach, offering complimentary remakes for initial orders and a commitment to quality craftsmanship. It also has a section for high-end piano restoration, a separate venture that seems to operate under the same branding.

Financially, Pegasus Orthotics Ltd presents a mixed picture. Current assets increased by 35% to £110,000, while net assets soared 210% to £72,000—a positive sign. However, bank borrowings decreased by 30% to £23,000, and cash reserves increased by 41% to £38,000. Creditors also decreased by 30% to £23,000, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. No auditor is mentioned, likely due to its status as a small company.

Overall, Pegasus Orthotics Ltd appears to be in a healthy state, with growing assets and improved financial management. The dual focus on orthotics and piano restoration, while potentially complex, could provide diversification and resilience. It’s a good sign that the company is growing, but it’s important to keep an eye on its cash flow and manage its debts effectively.

Registered in Northern Ireland under the registration number NI621294, with a registered address at BT28 2GN, Lisburn, County Antrim, Unit 14 Crescent Business Park.

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