Omnitail Ltd

Omnitail Ltd from Boston UK is a small, active company founded five years ago. With just two employees and £31,170 in assets, it’s a solo founder operation led by a single director and owner. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, Omnitail, appears to be non-existent, so it's difficult to determine the specifics of their online presence or product offerings. It's likely they operate primarily through other online marketplaces or direct mail.

Financially, Omnitail Ltd shows a mixed picture. Cash bank on hand has decreased significantly by 59%, falling to £13,000. Creditors have also decreased, which is a positive sign, but debtors have increased substantially, reaching £18,000. Equity remains at -£180,000, which is concerning. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the financial statements are unaudited. The decrease in cash, combined with the increase in debtors, suggests the company may be struggling to convert sales into cash flow. It's possible they're extending credit to customers to boost sales, but this could create a liquidity problem down the line.

Registered in England/Wales under the registration number 12562276, with a registered address at PE22 7ET, United Kingdom, Boston, Lincolnshire, The Poplars Church Lane, Fishtoft Drove, Frithville.

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