Oguzhan Limited

Oguzhan Ltd from Bristol UK: a small, active company founded 17 years ago, is facing some challenges. With five employees and £134,000 in assets, the company operates from a real address and is led by one director and owner. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with its last import activity recorded two months ago. The company’s website reveals a broader scope of operations, focusing on global e-commerce solutions, media production, software, and IT services.

The website, OGUZHAN AYDOGDU LIMITED, highlights its expertise in foreign trade, e-commerce, media production, and IT security, boasting testimonials from satisfied international clients. It's clear the company is aiming to provide comprehensive digital services, with a focus on innovation and trust.

However, the financial data paints a more complex picture. While the company’s small size (meeting two of three criteria for a small company) allows for agility, some key numbers are concerning. Cash bank on hand has decreased by 41%, dropping to £49,000, and net assets have fallen by 22%, settling at £120,000. Bank borrowings have increased significantly, rising by 2,400% to £13,000. Creditors have also increased, by 76%, reaching £17,000. The company’s trade debtors have increased by 62%, which could indicate a delay in payments.

The company’s property, plant, and equipment has increased by 220%, which is a good sign, but the decrease in deferred tax payable is also a concern. The company is exempt from audit as a small company, so the financial statements are unaudited.

Overall, Oguzhan Ltd appears to be navigating a period of financial pressure, despite its ambitious service offerings and positive client testimonials. Whether the company can sustain its growth and address these financial challenges remains to be seen.

Registered in England/Wales under the registration number 06560255, with a registered address at BS5 6NQ, England, Bristol, 410-412 Stapleton Road.

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