Richart Dental Studio Ltd

Richart Dental Studio Ltd, based in Borehamwood, UK, is a small, active company founded 17 years ago. With three employees and £316,696 in assets, it operates from a virtual address, a detail that raises some questions. Two directors and one owner, who is also the solo founder, steer the business, which currently holds a stellar 5.0 Google rating from a single review. The company regularly imports machinery, boilers, and mechanical appliances, with its last import operation recorded three months ago.

The company specializes in the manufacture of medical and dental instruments and supplies, a niche industry requiring precision and expertise. While no website is available to analyze, this suggests a business-to-business model, likely supplying dental practices and laboratories rather than selling directly to consumers.

Financially, Richart Dental Studio Ltd presents a mixed picture. While cash reserves increased by 2.2% to £290,000, net assets decreased by 6.3% to £290,000. Bank borrowings have fluctuated, increasing by 2.5% to £10,000, while trade creditors have jumped 130% to £1,900. 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 decrease in equity is something to keep an eye on. The company is exempt from an audit, meaning the financial statements are unaudited.

Overall, Richart Dental Studio Ltd appears to be a stable, albeit small, business navigating the challenges of its industry. The lack of a visible online presence and the fluctuating financials suggest a business focused on established relationships and careful management, rather than rapid growth.

Registered in England/Wales under the registration number 06415710, with a registered address at WD6 1JD, United Kingdom, Borehamwood, Hertfordshire, 5 Elstree Gate, Elstree Way.

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