Omm Ltd.

Omm Ltd from Lancaster UK: a small, active company founded 28 years ago, employs four people, and holds £1,119,652 in assets. Based at a virtual address, it’s overseen by five directors and one owner. The company regularly imports and exports clothing and accessories made by knitting or crocheting, with 60 months of import activity and 19 months of export activity recorded.

Omm Ltd operates as a supplier of office equipment, furniture, and promotional products, with a focus on photocopiers, MFD printers, and managed print services. Its website showcases a wide range of equipment from Canon, including colour copiers, printers, and scanners, alongside office furniture, promotional items, and shredding services. The company also provides franking machines, binding machines, and even treadmill desks, catering to a diverse range of business needs.

Financially, Omm Ltd presents a mixed picture. While current assets increased by 24% to £1,100,000, net assets decreased by 15% to £540,000. Bank borrowings surged by 110% to £58,000, and cash reserves dropped 18% to £7,400. Trade debtors also increased significantly, by 41% to £830,000, which could indicate a reliance on customer payments. The company’s small size—meeting two of three criteria for being a small company—allows for flexibility, but the increased debt and decreased cash reserves raise questions. The company is exempt from an audit as a small company.

The increased debt could be a result of investment in new equipment or services, or it could signal a period of financial strain. The company's long history and diverse product range suggest a resilient business, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 03309881, with a registered address at LA1 3SW, United Kingdom, Lancaster, Lancashire, 20 Mannin Way Lancaster Business Park.

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