Steps Prosthetics Ltd

Steps Prosthetics Ltd, based in Sheffield, UK, is a small, active company founded three years ago. With four employees and £321,856 in assets, it operates from a real address and is managed by two directors and two owners. The company is irregular importer and exporter of optical and medical tools and devices, with recent activity recorded in October 2023 for imports and July 2023 for exports.

The company’s website reveals a focus on mobility rehabilitation and prosthetic solutions. It's part of the award-winning STEPS Rehabilitation family, offering services including prosthetic and orthotic design, manufacture, fitting, and rehabilitation, both in a dedicated residential setting and through outpatient services. The company also provides expert witness services and training days, catering to case managers, solicitors, and insurers. The website highlights client stories and a focus on empowering individuals for life, with a particular emphasis on bespoke solutions and long-term client relationships.

Financially, Steps Prosthetics Ltd shows a mixed picture. While average employee numbers increased by a significant 75% to seven, current assets decreased by 8.8% to £320,000. Net assets, however, experienced a dramatic turnaround, increasing by 220% to £88,000. Cash reserves grew by 19% to £240,000. Creditors decreased by 44% to £260,000, suggesting improved debt management. Trade debtors increased by 73%, which could be a positive sign of increased sales, but also a potential risk if payments are delayed. The company’s small size (meeting two of three criteria for a small company) helps it remain agile, but the increase in employee numbers and the rise in trade debtors warrants closer monitoring. The accounts are unaudited, likely due to the company’s small size, and no auditor is mentioned. The company’s financial commitments decreased by 21%, which is a good sign.

Registered in England/Wales under the registration number 13952232, with a registered address at S8 0UH, England, Sheffield, 40 Little London Road.

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