Omega Auctions Ltd

Omega Auctions Ltd, based in Newton-le-Willows, UK, is a small, family-run business with an active trading status. Founded fourteen years ago in 2010, the company employs nine people and holds £1,194,680 in assets. With a real registered address and two directors/owners, it’s a tight-knit operation. The firm regularly imports electrical machinery and equipment (5 months), and exports it (84 months), with recent activity recorded in February 2025.

Omega Auctions specializes in music memorabilia and vinyl records, operating as a top auction house worldwide. Its website highlights a passion for its work, catering to both buyers and sellers. The company showcases impressive auction highlights, including sales of David Bowie lyrics, Beatles records, and Elvis Presley items. Upcoming sales include music memorabilia and rare vinyl records, with viewings by appointment. The website also features testimonials from satisfied customers, emphasizing professionalism and efficiency.

Financially, Omega Auctions Ltd shows a positive trend. Current assets increased by 66% to £1,200,000, while net assets grew by 32% to £1,200,000. Cash reserves increased by 34% to £590,000. Trade debtors rose significantly by 120%, which could indicate increased sales but also potential challenges in collecting payments. Creditors also increased by 58%, suggesting the company is leveraging credit to fuel its growth. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Omega Auctions Ltd appears to be financially healthy and growing, capitalizing on the global demand for music memorabilia and vinyl records. The company’s family-run structure and focus on customer service contribute to its success, although managing increased debtors will be important going forward.

Registered in England/Wales under the registration number 07279041, with a registered address at WA12 8DN, England, Newton-Le-Willows, Omega Auctions, Sankey Valley Industrial Estate.

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