Oel-held (uk) Limited

Oel Held Uk Ltd from Denbigh, UK, is a small holding company with an active status, having been founded 27 years ago in 1998. Employing ten people and boasting assets of £1,482,992, it operates from a real address and is managed by six directors, with one owner. It has a stellar 5.0 Google rating based on one review. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 124 months of import activity and 81 months of export activity recorded.

The company’s website, oelheld UK, presents a sophisticated operation specializing in fluids, filtration, and workholding solutions for various industries. It's clear they're not just a distributor; they offer services like coolant filtration system servicing, remote monitoring, and even mist extraction units. The website highlights a focus on data-driven insights and optimized production, catering to sectors like aerospace, automotive, and precision machining. It’s a B2B operation, with a strong emphasis on technical expertise and bespoke solutions. They even have a dedicated section for EDM (Electrical Discharge Machining) products.

Financially, Oel Held Uk Ltd shows a mixed picture. Current assets decreased by 12% to £1,500,000, while net assets increased by 13% to £1,200,000. Bank borrowings significantly decreased by 86%, dropping to £25,000, and cash reserves increased by 20% to £570,000. Creditors also decreased by 15%, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Oel Held Uk Ltd appears to be a stable, well-managed company. The decrease in current assets, however, warrants further investigation. It's clear that they're focused on providing value-added services alongside their product distribution, positioning themselves as a solutions provider rather than just a supplier.

Registered in England/Wales under the registration number 03508723, with a registered address at LL16 5TA, Denbigh, Unit 16 Colomendy Business Park, Rhyl Road.

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