Onvo Modular Limited

Onvo Modular Ltd from Macclesfield UK: a small, active company founded seven years ago, employs six people, and holds £629,310 in assets. It’s a family business with five directors and three owners, operating from a real address and regularly importing electrical machinery and equipment – a trend that’s been ongoing for nine months, with the last import occurring in November 2023.

The company’s website, onvo.co.uk, showcases a focus on modular wash trough solutions, manufactured in the UK. It caters to education, healthcare, and mental health sectors, with a dedicated section for visiting the company in Poynton, Cheshire. The site also includes a comprehensive list of countries it ships to, from Afghanistan to Zimbabwe – a testament to its international reach. It’s clear that Onvo Modular is targeting a B2B market, providing wash trough solutions for various institutions.

Financially, Onvo Modular’s report shows a mixed bag. Current assets decreased by 1.5% to £630,000, while net assets grew by a significant 16% to £710,000. Bank borrowings increased by 2,400% to £29,000, and cash reserves fell 7% to £280,000. Creditors decreased by 57% to £130,000, suggesting improved debt management. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the increase in bank borrowings is something to keep an eye on. The report doesn’t mention an auditor, likely due to its exemption as a small company. The company's average number of employees increased by 50% to nine, which could be a sign of growth or increased workload.

Registered in England/Wales under the registration number 11108049, with a registered address at SK10 4PZ, England, Macclesfield, Astro House 12f Adlington Business Park, London South Road.

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