O.g.s. Mechanics Ltd

O.G.S. Mechanics Ltd from London UK is a small, active company founded twelve years ago. With nineteen employees and £600,082 in assets, it's a family business operating from a real address and managed by two directors and two owners. The company regularly imports miscellaneous metal items, with a history of 26 months of import activity. It’s a private limited company registered in England and Wales.

The company specializes in vehicle repair and maintenance, offering a wide range of services from general car repairs to specialist work like ADAS calibration and engine rebuilds. It even offers auto locksmith services and deals with van security upgrades. O.G.S. Mechanics has a dedicated website showcasing its services, including a division for car key repair and another for seized injector removal. The company's website also highlights its expertise in restoring pianos, which is a surprising but interesting diversification.

Financially, O.G.S. Mechanics Ltd’s numbers paint a mixed picture. Current assets declined by 1.8% to £600,000, while net assets plummeted 99% to just £150. Bank borrowings decreased by 87%, which is a positive sign, and cash reserves increased significantly by 840% to £30,000. Creditors decreased slightly, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, likely due to the small company exemption.

The sharp drop in equity is a notable concern, and it’s possible this reflects investments in equipment or training to support its specialist services. The company’s diverse range of services, from car repairs to piano restoration, shows ambition and adaptability, but its financial health will need careful monitoring in the coming months.

Registered in England/Wales under the registration number 08462519, with a registered address at N3 2QG, London, 9-14 Millers Yard, Long Lane.

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