Olympus Technologies Limited

Olympus Technologies Ltd from Huddersfield, UK, is a small holding company with an active status, celebrating 37 years since its founding in 2017. With 18 employees and £2,134,321 in assets, it operates from a real address and is overseen by three directors and one owner, enjoying a stellar 5.0 Google rating from six reviews. The company regularly imports and exports electrical machinery and equipment, with 43 months of import activity and 8 months of export activity recorded.

The company's website highlights its expertise in robotics and automation, offering solutions for industrial machinery and equipment installation. They specialize in cobot welding, palletizing, machine tending, and press brake tending, catering to metal manufacturing and other industries. Olympus Technologies also acts as a distributor for various partners, including Dinse Welding Systems, and offers custom software development and support services. They even have a training program to minimize production downtime.

Financially, Olympus Technologies Ltd demonstrates a mixed picture. While cash reserves increased by 4.4% to £1,000,000, net assets rose by 19% to £1,200,000. However, trade debtors increased by 12% to £620,000, and creditors decreased by 57% to £120,000. Bank borrowings increased by a significant 2,400% to £29,000, and net losses deepened. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increased debt and losses suggest potential challenges. No auditor is mentioned, likely due to its small company status. The increase in plant machinery, up 93%, might indicate investments in new equipment to support its automation services.

Registered in England/Wales under the registration number 02134805, with a registered address at HD1 3BA, Huddersfield, West Yorkshire, Melbourne Works, 8 Firth Street.

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