Onalti Limited
- Small
- Active
- 6 years
- 1 employee
- Real address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Onalti Limited is a small, active company based in Solihull, UK, founded six years ago in 2019. It operates with a single employee, a real registered address, and is led by a director and owner, Reis Huzeyfe, who also acts as the solo founder. The company’s activities span retail sales via mail order and internet, alongside information technology consultancy.
The company's website, On6 Metal, reveals a focus on metal fabrication services. It's a modern operation with a large facility and new technology machines. They offer services like laser cutting, sheet metal fabrication, and welding, catering to commercial clients. The site also highlights recent investments in new machinery and a commitment to high-quality workmanship. There's a blog with news and updates, and links to social media accounts.
Financially, Onalti Limited presents a mixed picture. While cash bank on hand increased by 34% to £7,700, net assets also saw a significant jump, rising 120% to £1,500. However, creditors increased by 7% to £36,000, and net current assets liabilities shifted to -£220. Trade debtors also increased by 6.8% to £29,000. Despite these changes, the company's small size—meeting two of three criteria for a small company—allows for flexibility. The accounts are described as "filleted" and unaudited, relying on director-reported data.
Overall, Onalti Limited appears to be navigating a period of change. The increase in cash and net assets suggests a positive trend, but the rise in creditors and negative net current assets liabilities indicates a need for careful financial management. The company’s focus on metal fabrication and its investment in technology may provide a solid foundation for future growth, but it’s important to monitor its financial health closely.
Registered in England/Wales under the registration number 11912783, with a registered address at B90 1JN, England, Solihull, 215a High Street, Shirley.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Reis Huzeyfe
- 6 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Reis Huzeyfe
- 6 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Total exemption full accounts made up to 2024-07-31Download 6 pages pdf report
-
Confirmation statement made on 2024-09-19 with no updatesDownload 3 pages pdf report
-
Director's details changed for Mr Huzeyfe Reis on 2024-04-04Download 2 pages pdf report
FAQ about Onalti Limited
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