Obex Protection Ltd

Obex Protection Ltd, based in Worcester, UK, is a large, holding company with an active status, celebrating ten years since its founding in 2014. Employing 43 people and boasting £21.1 million in assets, the company generated £35.4 million in revenue last year. With a real address and four directors overseeing operations, alongside a single owner, Obex Protection Ltd maintains a stellar 5.0-star Google rating based on 16 reviews. The company is a regular importer and exporter of plastics and plastic products, with 153 months of import activity and 168 months of export activity recorded.

The company's website describes Obex Protection Ltd as operating within the manufacture of plastic plates, sheets, tubes and profiles industries. While no e-commerce functionality is apparent, the site provides detailed information about the company's products and services, targeting construction and building professionals. The website also highlights the company's commitment to innovation and sustainability.

Financially, Obex Protection Ltd presents a mixed picture. While turnover increased by 16% to £35 million, net assets decreased by 18% to £20 million. Bank borrowings increased by 100% to £5 million, and cash reserves decreased by 30% to £4.9 million. Trade debtors increased by 60% to £12 million, suggesting a potential issue with customer payments, while creditors decreased by 11% to £15 million. The company's size (meeting two of three criteria for a large company: turnover over £36 million and balance sheet total over £18 million) indicates a significant operation. The lack of an auditor mentioned likely stems from the company's size and exemption status.

Overall, Obex Protection Ltd appears to be a stable, established player in the plastics manufacturing sector. However, the increase in borrowings and decrease in cash reserves warrants attention. The company’s reliance on regular imports and exports suggests a vulnerability to supply chain disruptions. While the Google rating indicates strong customer satisfaction, the financial trends suggest a need for careful management to ensure long-term health.

Registered in England/Wales under the registration number 09157067, with a registered address at WR5 2QR, England, Worcester, Unit 5 Norton Road, Broomhall.

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