Omega Flex Limited
- Small
- Holding
- Active
- 24 years
- 26 employees
- £4,357,219 (assets)
- £4,328,448 (revenue)
- Real address
- 7 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Omega Flex Limited is a small holding company based in Banbury, UK, with an active status. Established 24 years ago in 2000, it employs 26 people and holds £4.36 million in assets, generating £4.33 million in revenue. With seven directors and one owner, the company operates from a real address and has a history of importing machinery, boilers, and mechanical appliances (parts for 9 months, latest in May 2024) and exporting miscellaneous metal items (22 months, latest in February 2025).
The company's website highlights its position as a manufacturer of flexible metal hose and braid products, catering to processing industries. It specializes in corrugated flexible metal hose, highly engineered assemblies, and braid products. Omega Flex, Inc. is a leading innovator and manufacturer of these products, with applications ranging from residential gas piping to medical tubing and industrial uses. They boast over 100 patents worldwide and emphasize performance requirements. The website also features sections on TRACPIPE, COUNTERSTRIKE, DOUBLETRAC, DEFTRAC, and Meditrac—specific product lines targeting various industries. They even have a compliance section, and legal notices.
Financially, Omega Flex Limited shows a mixed picture. While cash bank on hand decreased by 26% to £410,000, current assets also fell by 3.7% to £4.4 million. However, turnover revenue declined by 17% to £4.3 million. Debtors increased by 39% to £1.8 million, which could indicate a strategy to boost sales through extended credit terms. The company’s administrative expenses decreased by 22%, a positive sign. However, net assets decreased by 3.2% to £3.1 million. 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 stay agile. The company is audited by Moffat Gilbert, and the financial statements were authorised on September 04, 2024.
In conclusion, Omega Flex Limited appears to be a stable, albeit slightly pressured, business. Its focus on specialized products and international trade suggests a resilient model, but the financial data indicates a need for careful management to ensure continued growth.
Registered in England/Wales under the registration number 04060071, with a registered address at OX16 3JU, United Kingdom, Banbury, Oxfordshire, Kildare House, Wildmere Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 8 years
- 1
- 75%+
-
Resident of United States
Managers
-
Individual
- 2 years
- 1
-
Resident of United States
-
Individual
- 2 years
- 1
-
Individual
- 2 years
- 1
-
Resident of United States
-
Individual
- 2 years
- 1
-
Resident of United States
-
Individual
- 8 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Accounts for a small company made up to 2023-12-31Download 17 pages pdf report
-
Director's details changed for James Michael Kearney on 2024-08-02Download 2 pages pdf report
-
Confirmation statement made on 2024-07-22 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about Omega Flex Limited
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