Lbg Medical Ltd
- Active
- Small
- 46 years
- 42 employees
- £1,472,191 (cur assets)
- £2,397,843 (revenue)
- 1m-15m
- Regular importer
- Regular exporter
- Real address
- 3 directors
- 1 owner
- Stafford
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Lbg Medical Ltd, based in Stone, UK, is a small, active company established 44 years ago in 1980. With 44 employees and £2,254,183 in assets, it's a well-established player in its field. The company operates a real address and is overseen by two directors and one owner. It runs an e-commerce site and regularly imports footwear and related items (105 months) and exports optical and medical tools and devices (66 months).
Lbg Medical specializes in prefabricated orthotics, offering a prestigious range with complimentary customization components. Its Bio range stands out for biomechanical support, versatility, and ease of customization, catering to various foot types and weights. The company's website highlights its commitment to quality, adaptability, and affordability, offering both online sales and a dedicated "Clinicians Corner" with educational content.
Financially, Lbg Medical shows some concerning trends. While its intangible assets have increased slightly, its accumulated amortisation impairment has also risen. Cash bank on hand has significantly dropped, falling by 79% to just £10,000. Debtors have decreased by 4.5%, and creditors have increased, suggesting a reliance on short-term financing. The company’s net assets have also declined by 20%, dropping to £720,000. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor is likely due to its small size, and the accounts are unaudited.
The decrease in cash reserves and net assets is a cause for concern, suggesting the company may be burning through money. However, the consistent import and export activity, along with the strong online presence, indicate ongoing business operations. The directors list was changed three months ago, which is a good sign, and the company's long history suggests a degree of resilience.
Registered in England/Wales under the registration number 01498237, with a registered address at ST18 0BF, England, Stafford, Staffordshire, K362 The Octagon Building Beaconside Business Village, Weston Road.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 6 years
- 8
- psc
-
Resident of Ireland
Managers
-
Individual
- 1 year
-
Resident of United Kingdom
-
Individual
- 6 years
- 7
-
Resident of Ireland
-
Individual
- 12 years
- 8
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Director's details changed for Mr Andrew John Barnes on 2026-03-11Download 2 pages pdf report
-
Confirmation statement made on 2026-02-28 with no updatesDownload 3 pages pdf report
-
Registered office address changed from Emerald Place Emerald Way Stone Business Park Stone Staffordshire ST15 0SR to K362 the Octagon Building Beaconside Business Village Weston Road Stafford Staffordshire ST18 0BF on 2025-10-29Download 1 page pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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