Ogpm Ltd

Ogpm Ltd from Cambridge UK: a small, active company founded twelve years ago, employs five people, and holds £856,803 in assets. It’s a family business with one director and two owners, operating from a virtual address shared by 215 other companies—a bit unusual. They regularly import and export machinery, boilers, and mechanical appliances, parts, with a long history of 136 months of imports and 643 months of exports.

The company’s website doesn’t offer much detail beyond its core business, which involves wholesale of mining, construction and civil engineering machinery. It seems they operate primarily as a B2B supplier rather than engaging in e-commerce.

Financially, Ogpm Ltd presents a mixed picture. Current assets have decreased by 22%, falling to £860,000. Bank borrowings have doubled to £130,000, while cash reserves have dramatically dropped to just £6,400—a significant reduction. Creditors have also decreased by 26%, which is a positive sign. Trade debtors have fallen by 28%, which could indicate improved collection efforts. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely means they are exempt from an audit as a small company.

The sharp decline in cash reserves is a concern, suggesting the company is burning through money. However, the decrease in creditors and debtors could indicate better financial management. It's possible that increased bank borrowings are funding growth or covering short-term cash flow issues. The company's long history of import and export activity suggests a stable business model, but the financial data warrants closer scrutiny to determine if these trends are sustainable.

Registered in England/Wales under the registration number 08343905, with a registered address at CB5 8BA, England, Cambridge, Cambridgeshire, 10 Jesus Lane.

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