TOUCH BIONICS LIMITEDActive

Company number SC232512Private limited companyIncorporated 2002

Key figures

£24,995,906
Net assets 2020

Ratios

2020
Balance sheet structure
Current assetsFixed assetsLiabilitiesNet assets
010 m20 m30 m2020
Filed accounts2020
2020
Turnover10,759,201
Cash at bank and in hand1,228,427
Total assets29,024,212
Total liabilities3,849,610
Net assets / total equity24,995,906
Average number of employees45

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Principal activity

Accounts 2020

The principal activity of the company is the design, manufacture and sale of medical equipment (artificial upperlimb components).The company’s key measurement of effectiveness is sales growth and profitability. The directors consider that thebusiness will remain profitable for the foreseeable future and strategies are in place to increase sales growth.There has been a significant decline in turnover by £6 million that is 36% during the year and the profit has alsoreduced by £3.6 million. This was mainly due to the effect of COVID-19 as some of the markets were in lock downfor some part of the current year.

As described in the company's latest filed accounts.

Summary: TOUCH BIONICS LIMITED

Company

TOUCH BIONICS LIMITED is a private limited company registered with Companies House under company number SC232512. It was incorporated on 7 Jun 2002. Its status is active. The registered office is in Livingston (EH54). Its nature of business (SIC 2007) is manufacture of medical and dental instruments and supplies (32500).

Accounts

The latest accounts in the database are for 2020 (period ending 31 Dec 2020); the company files full accounts. Turnover was £10,759,201. Net assets were £24,995,906. Cash at bank and in hand was £1,228,427. Total assets were £29,024,212 and total liabilities £3,849,610. The company had an average of 45 employees.

Control and charges

One person with significant control is registered.

Filing deadlines

The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 14 Jul 2027.