Ooznest Limited

Ooznest Ltd, based in Chelmsford, UK, is a small holding company with an active status, established nine years ago. The company employs nine individuals and holds £892,540 in assets, operating from a virtual address. With two directors and one owner, Ooznest Ltd runs an e-commerce site and has a Google rating of 4.0 based on 26 reviews. It regularly imports and exports machinery, boilers, and mechanical appliances, parts – 172 months of import activity and 125 months of export activity.

The company’s website, Ooznest, is primarily focused on providing components and kits for makers, particularly those interested in CNC machines and 3D printing. It offers a wide range of extrusions, actuators, motors, filaments, and hotends, catering to a niche market of hobbyists and small-scale manufacturers. The site emphasizes quick shipping, a wide selection, and a commitment to customer service, with a clear focus on providing the parts and tools needed to build custom projects. It’s a vibrant online marketplace, showcasing a diverse range of products and a strong community of makers.

Financially, Ooznest Ltd presents a mixed picture. Current assets have decreased by 18%, dropping to £890,000, while net assets have fallen 6.6%, settling at £990,000. Cash reserves have also declined, dropping 9.1% to £300,000. However, trade debtors have increased significantly, rising 110%, suggesting potentially delayed customer payments. Bank borrowings have surged by 2,400%, reaching £21,000, and creditors have decreased by 60%, indicating better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity and increase in bank borrowings warrants attention. No auditor is mentioned, which is typical for a small, exempt company.

Overall, Ooznest Ltd appears to be navigating a period of change. While its e-commerce platform is thriving and catering to a dedicated community, the financial data suggests a need for careful management and a focus on maintaining healthy cash flow.

Registered in England/Wales under the registration number 09582219, with a registered address at CM14 5TA, England, Brentwood, Essex, The Yard, Old Crown Lane.

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