Oms Automotive Limited

Oms Automotive Limited, based in Newcastle Upon Tyne, UK, is a small, active company founded eight years ago. With just one employee and £105,869 in assets, it operates from a real address and is managed by two directors and a single owner. The company runs an e-commerce site and enjoys a perfect 5.0 Google rating from 20 reviews. It’s an irregular importer of plastics and plastic products, with just one month of import activity recorded as of May 2022.

The company’s website highlights its focus on automotive parts and accessories, offering a range of products for various vehicle makes and models, including Ford Transit, Volkswagen, Audi, and more. It provides a Jargon Buster section to help customers understand the ordering process and offers fast delivery via Royal Mail. The site also features a selection of popular products, such as grommets, bolts, and trim covers, catering to both retail and trade customers.

Financially, Oms Automotive Limited presents a mixed picture. Cash bank holdings have dramatically decreased by 67%, dropping to £90,000, while current assets have fallen by 62% to £110,000. Debtors have increased significantly, jumping 850% to £6,200, which could be a sign of expanding credit terms or delayed customer payments. On a positive note, creditors have decreased by 58%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the significant drop in equity—63%—raises questions about its long-term financial health. The company is exempt from an audit as a small company, so the financial statements are unaudited. Frost Adam Frederick and Frost Adam are listed as directors. The company’s current income tax policy is based on taxable profit for the year.

Registered in England/Wales under the registration number 10381654, with a registered address at NE12 9UP, England, Newcastle Upon Tyne, Tyne And Wear, 17 Wesley Drive, Benton Square Industrial Estate.

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