Om International Group Ltd

Om International Group Ltd, based in Manchester, UK, is a small, active company founded eleven years ago in 2014. With six employees and £476,342 in assets, it operates from a real address and is managed by two directors and one owner. The company regularly imports essential oils and perfumes (eight months of activity) and exports headgear and accessories (three months of activity). It’s a private limited company, and its accounts are unaudited, likely due to its small size.

The company’s website is currently unavailable, making it difficult to assess its online presence and sales channels. However, the business operates in the retail sale of cosmetic and toilet articles in specialised stores, indicating a focus on physical retail or wholesale distribution.

Financially, Om International Group Ltd presents a mixed picture. While net assets increased by 9.2% to £97,000, current assets experienced a significant jump of 130% to £480,000. However, trade debtors surged by an astonishing 1500% to £350,000, which could be a cause for concern. Bank borrowings also increased to £44,000, and cash reserves fell by 60% to £38,000. Creditors have also risen sharply, increasing by 210% to £310,000. Interestingly, dividend payments were negative, with a payment of £8,000.

Despite these fluctuations, the company’s small size (meeting two of three criteria for a small company) allows for flexibility. The rise in debtors could be a temporary blip, perhaps due to larger orders or extended payment terms, but it warrants monitoring. The company's unaudited accounts rely on director-reported data, and while the accounts show a positive trend in net assets, the increase in debt and the decrease in cash reserves suggest that the company is burning through money. The company's auditor is Mamta Services Ltd.

Registered in England/Wales under the registration number 08829968, with a registered address at M8 8LG, England, Manchester, Suit 7, 183 Cheetham Hill Road.

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