Ooty Global Limited
- Small
- Active
- 2 years
- 3 employees
- £214,031 (assets)
- Real address
- 1 director
- 1 owner
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
Social media
Summary
Ooty Global Limited is a small, active company based in Bristol, UK, founded two years ago in May 2022. It employs three people and holds assets worth £214,031. With a real registered address, one director, and one owner, it operates in the agents involved in the sale of a variety of goods, the non-specialised wholesale trade, and retail via mail order houses or via internet industries.
The company’s website highlights its role as an ISO-certified supply chain partner, offering semiconductor solutions, excess inventory solutions, and domestic/international shipping hubs. It emphasizes support for CEM/EMS and offers services like component sourcing, BOM requirement fulfillment, and power-saving module solutions. Ooty Global Limited acts as an authorized distributor, showcasing product lines and manufacturing lists. The website also features customer testimonials and industry overviews, demonstrating a focus on professional service and global reach. It’s clear the company is targeting a B2B audience, facilitating the flow of components and goods across various industries. It appears to be an ecommerce business, but not a direct-to-consumer one.
Financially, Ooty Global Limited’s recent performance presents a mixed picture. Current assets have fallen significantly, dropping 47% to £210,000, while net assets have plummeted 100% to just £23. Cash reserves have also taken a hit, decreasing 18% to £100,000. Trade debtors have fallen by a substantial 60%, suggesting better collection efforts, but creditors have also decreased by 29%. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the sharp decline in equity is concerning. Investments have remained stable, but the significant drop in net assets suggests the company may be burning through cash, although it's not clear if this is a temporary situation or a longer-term trend. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited director’s reports.
Registered in England/Wales under the registration number 14142314, with a registered address at BS1 6BX, England, Bristol, Generator Building Counterslip, Finzels Reach.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Tang Chun Wai
- 2 years
- 25%+
Managers
-
Individual
- Tang Chun Wai
- 2 years
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Unaudited abridged accounts made up to 2024-05-31Download 7 pages pdf report
-
Confirmation statement made on 2024-08-03 with no updatesDownload 3 pages pdf report
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Unaudited abridged accounts made up to 2023-05-31Download 7 pages pdf report
FAQ about Ooty Global Limited
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