Omid Electronics Limited

Omid Electronics Limited, based in London, UK, is a small, active company founded two years ago. It's a solo venture, managed by a single director and owner, with just one employee and £6,350 in assets. The company operates from a real address, sharing space with five other businesses.

The firm’s core business revolves around wholesale of radio, television goods & electrical household appliances, non-specialised wholesale trade, and retail sale via mail order houses or via internet industries. It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The company’s website, though currently unavailable, suggests a focus on electronics distribution.

Financially, Omid Electronics Limited presents a mixed picture. Cash bank on hand remained steady at £4,100, while current assets were at £6,400. Trade debtors are at £2,200. Net assets are at £6,500. The company’s retained earnings accumulated losses are at £6,400. It’s a small company, so it’s exempt from an audit, and the accounts are abridged.

The company’s financials show a small business navigating the early stages of operation. The lack of significant debt and steady cash flow suggest a cautious approach, but the absence of substantial growth in assets could indicate a need to scale operations. It’s difficult to say if this is a normal startup phase or a sign of longer-term challenges.

Registered in England/Wales under the registration number 14663794, with a registered address at NW6 2QJ, England, London, 346 Kilburn High Road.

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