Opazlight International Limited

Opazlight International Ltd from Harrow, UK is a small, active company founded 20 years ago. Employing 26 people, it holds £820,575 in assets and operates from a virtual address, a fact highlighted by the presence of 77 other companies registered at the same location. The business is run by two directors and one owner, with Ghaghada Jignesh and Ghaghada Pravina listed as directors. Regular importer of jewelry, precious stones, and metals (3 months imported).

The company’s website, treatrepublic.co.uk, lists a wide range of locations across the UK, suggesting a broad network of potential customers. It appears to operate as a gift shop, with a focus on online retail. The site also lists related companies, including Opal Properties, Opal Studios, and Opal360, indicating possible diversification or shared ownership.

Financially, Opazlight International Ltd’s recent performance shows some concerning trends. Current assets have fallen by 18% to £820,575, while net assets have plummeted 97% to just £4,900. Bank borrowings have decreased by 51%, suggesting a reduction in debt, and cash reserves have increased by 67% to £33,000. However, trade debtors have fallen by 50%, which could indicate problems with collecting payments. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

Overall, Opazlight International Ltd appears to be facing financial headwinds despite its established presence and diverse network. The decrease in assets and the significant drop in net assets raise questions about the company's long-term sustainability, though the increase in cash reserves offers a glimmer of hope.

Registered in England/Wales under the registration number 05287799, with a registered address at HA1 2AW, United Kingdom, Harrow, Middlesex, Maruti House, 1st Floor, 369 Station Road.

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