O&h Vehicle Conversions Group Limited

O&h Vehicle Conversions Group Limited, based in Goole, UK, is a holding company with an active status, established five years ago in 2019. Employing 143 people, the company boasts assets totaling £12,037,573. It operates from a real address and is managed by a single director, with two owners reported. A perfect 5.0 rating on Google, based on eight reviews, suggests strong customer satisfaction. The company is a regular importer of electrical machinery and equipment, with recent activity recorded in June 01, 2024.

The company's website showcases a wide range of specialist vehicle builds, primarily for emergency services and military applications. It’s not a typical e-commerce site; instead, it functions as a showcase for custom-built vehicles – from ambulance conversions and rapid response vehicles to armoured land rovers and even drone command units. The site highlights a focus on bespoke engineering, safety certifications (like Whole Vehicle Type Approval), and a 36-year heritage in the industry. Manufacturing at scale is emphasized, with a 64,000 sq. ft. site and a team of 180 staff.

Financially, O&h Vehicle Conversions Group Limited’s report presents a mixed picture. While comprehensive income expenses remained steady, retained earnings and revaluation reserves experienced significant fluctuations. Bank borrowings dramatically decreased, falling by 100% to zero, and cash reserves vanished completely. Creditors, however, sharply declined by 95%, suggesting improved debt management. Net assets increased by 2000%, reaching £11 million. The company's average number of employees increased by 27%, reflecting growth in its operations. With no auditor mentioned, the figures are unaudited.

The company’s financial trends indicate a period of adjustment, with a significant reduction in debt and a substantial increase in net assets. The decrease in cash reserves, however, warrants attention. Despite these fluctuations, the company's strong Google rating and focus on specialized vehicle builds suggest a resilient business model, although it's unclear if the company is burning through money or not.

Registered in England/Wales under the registration number 12154703, with a registered address at DN14 6XG, United Kingdom, Goole, East Yorkshire, 5 Larsen Road.

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