Prescription Footwear Associates Limited

Prescription Footwear Associates Ltd, based in Bognor Regis, UK, is a small, family-run business with an active status. Founded 29 years ago in 1996, the company employs nine people and holds £89,337 in assets. It operates from a real address and is managed by three directors and two owners. The business has a stellar Google rating of 5.0 based on five reviews. It's an irregular importer, with its top import category being optical and medical tools and devices, totaling one month of imports, the last operation conducted in 2019.

The company specializes in the manufacture of footwear, offering a comprehensive range of services from routine nail and skin care to complex orthotics and footwear designed to treat at-risk feet and legs. Its website details a full-service operation, including podiatry, orthotics, biomechanical assessments, footwear, and video gait analysis. It also manufactures specialist footwear, bespoke footwear, and lower limb orthoses. The clinic, built in 2004, is fully equipped and the workshop boasts over 75 years of combined experience in manufacturing bespoke footwear and orthotics.

Financially, Prescription Footwear Associates Ltd presents a mixed picture. Creditors increased by 26%, reaching £190,000, while debtors decreased by 19%, falling to £42,000. Cash reserves increased by a significant 160%, reaching £640. However, deferred income remained static at £1,800. Net assets increased by 28%, reaching £280,000. Bank borrowings decreased by 20%, falling to £44,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors suggests a need for careful cash flow management. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Prescription Footwear Associates Ltd appears to be a well-established business with a strong reputation, but it's important to monitor its financial trends closely to ensure long-term stability.

Registered in England/Wales under the registration number 03166504, with a registered address at PO22 0JB, Bognor Regis, West Sussex, Pfa House Lake Lane, Barnham.

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