Oem Group Limited

OEM Group Limited, based in Huddersfield, UK, is a small holding company with an active status, celebrating 39 years since its founding in 1986. Employing just three people, the company holds £527,191 in assets and operates from a real address shared by only two other businesses. Managed by two directors and overseen by one owner, OEM Group maintains a respectable Google rating of 4.0 based on a single review. The company regularly imports and exports optical and medical tools and devices, with 33 months of import activity and 5 months of export activity recorded.

OEM Group’s core business appears to be non-specialised wholesale trade, and it owns companies: Oem Business Enterprises Limited, Oem Commercial Services Limited. The company’s website is currently unavailable, making it difficult to assess its e-commerce presence or specific product offerings.

Financially, OEM Group Limited has experienced some concerning trends. Cash bank on hand has dropped significantly by 54%, falling to £170,000. Current assets have also decreased by 22%, now standing at £530,000. While trade debtors have increased by 5.3%, reaching £240,000, creditors have also risen substantially by 20%, now at £210,000. A notable decline in equity is also evident, with retained earnings dropping by 24% to £310,000. Despite these challenges, the company’s small size—meeting two of three criteria for a small company—allows for agility. The increase in other debtors by 380% could indicate a shift in payment terms or a focus on larger contracts. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

Overall, OEM Group Limited is navigating a period of financial adjustment. While its import and export activities remain consistent, the decline in key assets and equity raises questions about its long-term financial health. The company’s holding structure and ownership by Oem Marketing Services Ltd suggest a broader business strategy, but the current financial data warrants close monitoring.

Registered in England/Wales under the registration number 02004194, with a registered address at HD4 7BH, England, Huddersfield, Suite 2.1 The Mending Rooms, Park Valley Business Park.

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