Theraplay Limited

Theraplay Ltd from Glasgow, UK, is a small, active company established 38 years ago. With 12 employees and £579,372 in assets, it’s a well-established player in its sector. The company boasts a real address, is overseen by three directors, and has one owner. Theraplay Ltd regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 114 months of import activity and 14 months of export activity recorded.

The company operates in the manufacture of bicycles and invalid carriages industries. Its website showcases a wide range of mobility aids, from walking aids and wheelchairs to bathroom equipment and living aids. It’s a one-stop shop for disabled people and their families, offering both online retail and a physical showroom. The website also highlights a Motability scheme, providing finance options for customers. It's clear they’re targeting a specific market and providing a comprehensive service.

Financially, Theraplay Ltd presents a mixed picture. While net assets increased by 13% to £670,000, cash reserves only grew by 4.8% to £150,000. Bank borrowings decreased by 18% to £93,000, suggesting improved debt management. However, trade debtors also decreased by 6.4%, which could indicate slower customer payments. Current assets increased by 8.1% to £580,000, a positive sign. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is common for small companies.

The depreciation of property, plant, and equipment has been consistent over the past year, with increases in furniture, land, and buildings. The company’s focus on both importing and exporting suggests an international reach, but the relatively small size of the business could limit its growth potential. The continued operation of the business for 38 years is a testament to its resilience and adaptability.

Registered in Scotland under the registration number SC098839, with a registered address at G74 5HA, Scotland, Glasgow, Middleton House 22 Hawbank Road, East Kilbride.

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