Omega Pistons Limited

Omega Pistons Ltd, based in the West Midlands, UK, is a small, active company with a history spanning 51 years. Founded in 1973, the firm employs 18 people and holds £578,207 in assets. It’s managed by five directors and owned by two individuals, with a real address registered. The company regularly imports machinery, boilers, and mechanical appliances—parts, with seven months of import activity recorded, the latest in August 2024. It also exports vehicles, parts, and accessories (excluding trains and trams), with one month of export activity recorded as of April 2023.

The company's website highlights its position as a world leader in forged performance pistons, serving premier motorsport categories. It emphasizes ongoing investment in design, research, and development, aiming to stay ahead of the competition. The website also showcases its involvement in sponsoring motorsport athletes, demonstrating a commitment to the racing community. Omega Pistons also owns Accralite Limited.

Financially, Omega Pistons Ltd shows a mixed picture. Current assets decreased by 6% to £580,000, while net assets remained steady at £1,800,000. Bank borrowings decreased by 15% to £130,000, and cash reserves fell by 39% to £71,000. Creditors decreased by 28% to £46,000, suggesting better debt management. 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 nimble, but the decrease in cash reserves warrants attention. The accounts are unaudited, likely due to the company's small size.

Overall, Omega Pistons Ltd appears to be a stable, albeit somewhat cash-constrained, business with a strong reputation in its niche market. The company’s focus on motorsport and ongoing investment suggests a long-term commitment to its core business.

Registered in England/Wales under the registration number 01118742, with a registered address at B62 9DW, West Midlands, Oak Barn Rd, Halesowen.

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