Offspring International Limited

Offspring International Limited, based in Dudley, UK, is a small holding company with an active status, celebrating 34 years in business. The company employs nine people and holds assets valued at £1,493,508. With six directors and one owner, it operates from a real address and maintains a steady presence in the market. The company regularly imports iron or steel products (5 months) and exports ships, boats, and floating structures (23 months).

The company specializes in providing equipment for mooring, offloading, and performance monitoring systems, primarily serving the offshore and quayside operations. Its website highlights a wide range of products and services, including single point mooring, conventional buoy mooring, and fluid transfer solutions. The company caters to various industries, including offshore wind, FPSO, and navigation, offering both equipment supply and technical expertise.

Financially, Offspring International Limited shows some interesting trends. While net assets increased by 10% to £950,000, cash reserves declined by 12% to £700,000. Trade debtors increased significantly by 55%, which could indicate expanding credit terms or delayed customer payments. Creditors also rose by 12%, suggesting increased short-term liabilities. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the decrease in cash reserves warrants attention. The company’s unaudited accounts, prepared in accordance with F R S, show that the company is entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The lack of an auditor is consistent with its status as a small company.

Registered in England/Wales under the registration number 02603959, with a registered address at DY1 4RH, England, Dudley, Unit 8 Castle Court 2 Castlegate Way.

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