Omega Supplies Uk Limited

Omega Supplies Uk Limited is a small, family-run business based in Mablethorpe, UK, with an active trading status. Founded seventeen years ago in 2007, the company employs six people and holds £1,182,164 in assets. It operates from a real address and is managed by three directors and two owners. The business regularly imports machinery, boilers, and mechanical appliances, parts, with 3 months of import activity recorded, and occasionally exports similar items, with just 1 month of export activity.

The company’s website highlights its focus on supplying funeral homes, public mortuaries, and educational institutions with a wide range of mortuary equipment, from coffins and urns to refrigeration units and embalming supplies. It even offers a bespoke service for piano restoration, a surprising addition to its core business. The website’s blog features a testimonial from a client who praised the company’s ability to handle a challenging case involving a water-submerged body, emphasizing the quality of its products and services.

Financially, Omega Supplies Uk Limited presents a mixed picture. While current assets remain steady at £1,200,000, net assets have slightly decreased to £940,000. Bank borrowings have increased by 8.9% to £450,000, and cash reserves have remained consistent at £16,000. 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 flexibility, but the increase in borrowings suggests a need for careful financial management. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's average number of employees has decreased significantly, dropping 50% to just three people, which could be a sign of restructuring or cost-cutting measures. Despite this, Omega Supplies Uk Limited appears to be maintaining its position as a key supplier in the funeral industry, leveraging its family ownership and commitment to quality to serve a diverse range of customers.

Registered in England/Wales under the registration number 06456848, with a registered address at LN12 2HB, Mablethorpe, 38 High Street, Sutton-On-Sea.

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