Mosaic Online Systems Ltd

Mosaic Online Systems Ltd, based in Worthing, UK, is a small, family-run business with an active status. Founded twenty years ago, it employs fifty-six people and holds £3,122,504 in assets. With four directors and three owners, it’s a tight-knit operation. The company has a real address and a solid 4.0 Google rating from eight reviews. It’s an irregular importer, specializing in optical and medical tools and devices, with just one month of imports recorded as of February 2024.

Mosaic Online Systems operates in the business and domestic software development and information technology consultancy industries. Its website highlights a market-leading position in mailing solutions, supporting access to Royal Mail and other mail suppliers' networks. A key product, DocketHub, facilitates business process automation throughout the mail lifecycle, enabling customers to achieve cost savings on contract mail. The company also offers services like mailmark scanning, data mailing management, and production control. They have a dedicated support team and even collaborate with the Postal Museum Mail Rail.

Financially, Mosaic Online Systems Ltd presents a mixed picture. While cash bank on hand increased by 13% to £2 million, current assets only grew by 4.7% to £3.1 million. Trade debtors decreased by 33%, suggesting better debt collection, but other debtors plummeted by 65% to £170,000—a significant drop. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Mosaic Online Systems is holding steady but facing pressures. The company's focus on specialized mailing solutions and technology integration positions it well in a niche market, but the financial numbers suggest a need for careful management and a focus on sustainable growth.

Registered in England/Wales under the registration number 05248631, with a registered address at BN13 3QZ, Worthing, West Sussex, A1 Yeoman Way.

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