Oj Industries Ltd

Oj Industries Ltd, based in Dudley, UK, is a small, active company founded two years ago. It holds £94,500 in assets, operates from a real address, and is managed by a single director and owner. The company is classified as small, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Oj Industries specializes in product sourcing and distribution, enabling smaller independent highstreet stores to sell products they normally wouldn’t have access to. The company focuses on distribution, product sourcing, and unlocking opportunities for smaller stores. It works with a wide range of products, including food, drink, health items, personal care goods, fragrances, and perfumes. Based in the West Midlands, Oj Industries aims to sustain long-term business relationships with suppliers and expand its product portfolio. The company's website highlights its expertise in sourcing and distribution, offering services like product customization, efficient logistics, and warehousing solutions. It even features testimonials from satisfied clients, praising the company's seamless process and cost-effective solutions. Oliver Jones, the head of purchasing, leads the team with years of experience and a keen eye for strategic procurement.

Financially, Oj Industries presents a mixed picture. Cash bank on hand increased by a substantial 140% to £12,000, while current assets also rose by 130% to £94,000. However, creditors significantly increased by 130% to £80,000, suggesting potentially higher short-term liabilities. Equity also grew by 120% to £17,000, a positive sign. Trade debtors rose by 110% to £22,000. The company’s net assets liabilities also increased by 120% to £17,000. While the growth in assets and cash is encouraging, the rise in creditors could indicate a need for careful financial management. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited.

Overall, Oj Industries seems to be growing, but it’s important to monitor its debt levels to ensure sustainable financial health.

Registered in England/Wales under the registration number 14062843, with a registered address at DY1 2AW, England, Dudley, The Old Doctors House, 74 Grange Road.

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