Omiga Technology Limited

Omiga Technology Ltd from Gloucester UK is a small, active company founded 24 years ago. It employs eight people and holds £360,028 in assets, operating from a real address within the Waterwells Business Park. The company, a family business, is led by four directors and owned by two individuals. It’s an irregular importer, primarily dealing with optical and medical tools and devices, with its last import operation occurring one months ago.

The company operates in the business and domestic software development, information technology consultancy activities, and other information technology service activities industries. Its website is non-existent, making it difficult to assess its online presence or e-commerce activities.

Financially, Omiga Technology Ltd’s report shows some interesting trends. While cash reserves remained stable at £210,000, current assets increased by 18% to £360,000. However, net assets rose by a more modest 16% to £230,000. Bank borrowings decreased significantly, falling by 38% to £17,000, which is a positive sign. Trade debtors increased substantially, rising by 49% to £150,000, which could indicate a need to improve collection processes. Depreciation on plant machinery decreased by 20%, which could be due to a reduction in usage or a change in depreciation methods. Creditors decreased by 38%, which is a good sign for managing liabilities. The company’s small size—meeting two of three conditions for being classified as small—helps it maintain agility. As a small company, it’s exempt from an audit, so the financial information is unaudited.

Overall, Omiga Technology Ltd appears to be in a stable position, but the increase in trade debtors warrants attention. The company’s family ownership and established presence in the IT services sector suggest a solid foundation for continued operation.

Registered in England/Wales under the registration number 04076328, with a registered address at GL2 2AP, United Kingdom, Gloucester, Gloucestershire, Unit 20 The Glenmore Centre Marconi Drive, Waterwells Business Park, Quedgeley.

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