Herga Technology Limited

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Herga Technology Limited - overview

Established

1947

Location

Guildford, -, UK

Primary Industry

Consumer Products

About

Herga Technology Limited is a specialized manufacturer of innovative foot switches, hand controls, and sensing solutions, primarily serving the medical and industrial sectors to enhance operational efficiency and compliance with regulations. Founded in 1947, Herga Technology Limited designs and manufactures foot switches and controls for medical and industrial applications. The company has not reported any pivots or changes in its business strategy. Headquartered in the UK, Herga operates globally, serving customers in Europe, North America, and Asia.


The founder's detailed history is not publicly available, nor are there any mentions of prior companies they may have founded. Herga has engaged in various funding rounds, but specific details on amounts or investors are not provided. Herga Technology specializes in the design, manufacture, and distribution of a diverse range of foot switches, hand controls, and sensing solutions tailored for various industries, including medical and industrial applications. Their core products include UL 60601-1 approved medical footswitches and Bluetooth switches aimed at enhancing operational efficiency in healthcare settings, such as surgical procedures and rehabilitation equipment.


In the industrial sector, Herga offers an array of switches and controls, including pneumatic and pressure switches, utilized in manufacturing and automation processes. The company serves a global customer base, including healthcare providers, industrial manufacturers, and technology developers, with products sold in markets across Europe, North America, and Asia, addressing specific use cases that require high reliability and compliance with international standards. Herga Technology's revenue model primarily relies on direct sales to business clients in both B2B and partnerships with distributors, enabling them to reach a broad audience effectively. Transactions often involve bulk orders for specialized products, with an emphasis on customized solutions to meet client specifications.


The sales structure includes a variety of product offerings, featuring flagship items such as medical footswitches and Bluetooth controls, which cater to critical applications in the medical field and industrial automation. Pricing strategies are geared towards competitive and value-based pricing, ensuring accessibility for a range of clients while maintaining product quality and innovation. The company’s financial framework is designed to support recurring business through long-term contracts and collaborations with industry players, fostering a stable revenue stream. Details regarding specific future growth plans, including upcoming product launches or geographic market expansions, are not publicly available.


Primary Industry

Consumer Products

Sub Industries

Consumer Products

Website

www.herga.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Herga Technology Limited - timeline of key events

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Herga Technology Limited - financials

Fiscal Year EndedMar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023
Revenue (USD)5,304,0005,387,0005,429,000---
% Revenue Growth (YoY)-1.6%0.8%---
EBITDA (USD)497,000805,000713,000---
Operating Income (USD)420,000732,000532,000---
Operating Margin7.9%13.6%9.8%---
% EBITDA Margin9.4%14.9%13.1%---
NET Income (USD)336,000606,000426,000---
% Net Margin6.3%11.2%7.8%---

Herga Technology Limited - employee data

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