Octica Professional Ltd

Octica Professional Ltd, based in Egham, UK, is a small, active company founded sixteen years ago in 2008. Employing seven people and holding £469,424 in assets, it operates from a real address and is managed by three directors and two owners. Boasting a perfect 5.0 Google rating from just three reviews, the company has established itself as a regular importer and exporter of electrical machinery and equipment, with 87 months of import activity and 59 months of export activity recorded.

The company’s website isn’t available to analyze, so it’s difficult to determine the specifics of their online presence. However, they operate in the agents involved in the sale of a variety of goods industries.

Financially, Octica Professional Ltd shows a mixed picture. Current assets increased by 52%, reaching £470,000, while net assets remained relatively stable at £240,000. Bank borrowings decreased by 55%, falling to £8,300, and cash reserves increased by 55%, reaching £110,000. Trade debtors increased by 60%, suggesting potentially delayed customer payments, and creditors increased dramatically by 310%, reaching £230,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the large increase in creditors could indicate a need to manage short-term liabilities. With no auditor mentioned, the unaudited figures rely on director-reported data.

Overall, Octica Professional Ltd seems to be holding its own, with increased assets and cash reserves. However, the significant rise in creditors warrants attention and could be a sign of growing financial pressures.

Registered in England/Wales under the registration number 06608498, with a registered address at TW20 8RF, England, Egham, Unit 10, Sky Business Park, Eversley Way.

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