Onbio Ltd

Onbio Ltd, based in High Wycombe, UK, is a small, active company founded ten years ago in 2014. With twelve employees and £895,614 in assets, it operates from a real address and is led by two directors and a solo founder. The company runs an e-commerce site and occasionally imports iron or steel products – just one month’s worth, with the last import occurring in January 2022.

The company's website, OnBio Renewable energy solutions, focuses on providing renewable energy solutions for production, particularly within the film industry. They offer renewable fuels, batteries, heating, and cooling systems, emphasizing personalized service and data insights. Testimonials from satisfied clients highlight their expertise and commitment to ecological consciousness. The site also promotes new products like the Orb300 battery unit and the PropUp project, which recycles props and materials. They even offer WhatsApp ordering for fuel, catering to the fast-paced film industry.

Financially, Onbio Ltd shows a mixed picture. Cash bank on hand has increased significantly by 83%, reaching £650,000, which is a good sign. However, creditors have also risen substantially, increasing by 99% to £140,000, suggesting a greater reliance on short-term borrowing. Trade creditors have decreased by 12%, which is positive. Net assets have grown by 29%, reaching £1,000,000, and net current assets and liabilities have also increased by 120%. The company’s small size—meeting two of three criteria for being small—helps it remain flexible. There’s no auditor mentioned, which is common for companies of this size.

Overall, Onbio Ltd seems to be growing, but the increase in creditors and taxation social security payable indicates a need to manage cash flow carefully. The company’s focus on the film industry and its commitment to renewable energy solutions could provide a strong foundation for future success.

Registered in England/Wales under the registration number 09226874, with a registered address at HP10 9QD, England, High Wycombe, Onbio Limited Handy Cross Farm, Wycombe Road.

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