Ogs Floor Screeding Limited

Ogs Floor Screeding Limited, based in Feltham, UK, is a small, active company founded thirteen years ago in 2011. Employing five people and holding £366,200 in assets, it operates from a real address and is managed by two directors and one owner. The company boasts a stellar 5.0 Google rating from eight reviews. It’s an irregular importer, primarily dealing with wood and wood products, with recent activity recorded in February 2024.

The company’s activities revolve around construction, specifically domestic and commercial buildings, as well as other specialized construction tasks. While no dedicated website is listed, this suggests a primarily business-to-business operation, relying on direct contact and referrals rather than online sales.

Financially, Ogs Floor Screeding Limited shows a mixed picture. Current assets have fallen by 32%, dropping to £370,000, while net assets have also decreased by 6.2%, settling at £290,000. Cash reserves have taken a significant hit, declining 43% to £74,000. Interestingly, bank borrowings have completely vanished, reducing from -£18,000 to zero, which could indicate a strategic decision to pay off debt. Creditors have also decreased substantially, falling 55%, suggesting improved management of short-term liabilities. Trade debtors have been reduced by nearly half, which is a good sign. The company's small size—meeting two of three conditions for being classified as small—allows for flexibility, but the decrease in equity warrants closer attention. No auditor is listed, which is common for small, exempt companies.

Overall, Ogs Floor Screeding Limited appears to be navigating a period of adjustment. While the decrease in cash reserves and net assets is concerning, the reduction in debt and improved creditor management suggest a focus on financial stability. The company’s long-standing presence and positive customer reviews indicate a solid foundation, but continued monitoring of its financial performance will be crucial.

Registered in England/Wales under the registration number 07843563, with a registered address at TW13 6DH, England, Feltham, Middlesex, Suite 201, Legacy Centre Hanworth Trading Estate, Hampton Road West.

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