Oceania Defence Ltd

Oceania Defence Ltd is a small, active company based in London, UK, founded ten years ago in 2015. Employing just two people, it holds £472,073 in assets and operates from a virtual address – twenty other companies are registered at the same location. The business is led by a single director and owner, Nicholson Philip Robert, who also serves as the sole director.

The company’s website showcases a range of products, primarily firearms, suppressors, and accessories. It’s clear that Oceania Defence Ltd operates as a distributor and retailer, specializing in high-end firearms and related equipment, including Walther PPQ 22LR Long Barrelled Pistols, HS XDM XD XS and Walther Pistols. The site also highlights its involvement in importing firearms from the US, such as CMMG Mutant 7,62 and CMMG 308 firearms. It also offers services like Holosun Warranty information.

Financially, Oceania Defence Ltd presents a mixed picture. Current assets have increased by 23% to £470,000, while net assets have risen by 6.7% to £300,000. Bank borrowings have decreased significantly, falling by 100% to zero, and cash reserves have more than doubled, reaching £170,000. Creditors have also decreased by 20% to £79,000. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 10 employees. The company is exempt from an audit, so the financial data is unaudited.

The company's irregular import and export activity, with a focus on specialized firearms and medical tools, suggests a niche market strategy. While the financial figures indicate a healthy position, the reliance on a single director and owner, along with the virtual address, could present management challenges.

Registered in England/Wales under the registration number 09484724, with a registered address at W3 9QN, England, London, 9 Acton Hill Mews, Uxbridge Road.

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