Ogend Limited

Ogend Limited is a small, active company based in London, UK, founded four years ago in December 2020. The company, which employs just two people, holds £37,927 in assets and operates from a virtual address shared by over six thousand other businesses. It’s managed by two directors and two owners, Ozgul Ender and Uluc Ogun.

Ogend Limited specializes in the wholesale of hardware, plumbing, and heating equipment, alongside non-specialized wholesale trade, retail sales via mail order and internet, and management consultancy services. Its website highlights a focus on collision avoidance systems, particularly radar-based solutions for industries like quarrying, mining, and construction. The company emphasizes innovation and British manufacturing, with a history dating back to 2021.

Financially, Ogend Limited shows some interesting trends. Cash bank on hand decreased by almost ten percent to £34,000, while creditors fell by sixteen percent to £29,000. Trade debtors remained steady at £4,000, and equity saw a significant jump, increasing by two hundred and twenty percent to £8,500. This suggests a potential improvement in cash flow management, although the reliance on creditors remains a factor. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the rise in equity may indicate a need for further investment. The accounts are unaudited, and no auditor is mentioned.

Overall, Ogend Limited appears to be navigating a period of change. While the company’s financial health is improving, it’s important to monitor its performance closely.

Registered in England/Wales under the registration number 13094486, with a registered address at W1W 7LT, England, London, 85 Great Portland Street.

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