Opensoft Systems Limited

Opensoft Systems Limited, based in Knaresborough, UK, is a small, active holding company established nineteen years ago. With fifteen employees and £379,168 in assets, the company operates from a real address within Knaresborough Technology Park and is overseen by three directors and a single owner. It boasts a respectable Google rating of 4.0 based on five reviews. The company is an irregular importer, primarily dealing in electrical machinery and equipment, with a recent import activity recorded just one month ago.

The company's website is minimal, offering little insight into its operations beyond a listing in a directory of professional services. It appears to be primarily a holding company, with its core business focused on providing other professional, scientific, and technical activities. There’s no obvious e-commerce presence or direct sales activity.

Financially, Opensoft Systems Limited presents a mixed picture. Current assets have decreased by 15%, dropping to £380,000, while net assets have fallen by 4%, settling at £250,000. Cash bank on hand has seen a significant decline, dropping 47% to £77,000. Creditors have also decreased by 29%, falling to £150,000, suggesting improved debt management. However, trade debtors remain steady at £300,000. The company's small size – meeting two of three criteria for a small company – allows for flexibility, but the decrease in equity is something to keep an eye on. The accounts are abridged and unaudited, and no auditor is listed, which is common for companies of this size.

Overall, Opensoft Systems Limited seems to be navigating a period of adjustment. While it maintains a solid foundation with its real address and active status, the decline in cash reserves and equity suggests potential challenges ahead. The company’s role as a holding company, combined with its limited online presence, indicates a more behind-the-scenes operation, and it’s unclear how the various businesses it holds are performing.

Registered in England/Wales under the registration number 05598850, with a registered address at HG5 8LF, Knaresborough, North Yorkshire, Knaresborough Technology Park, Manse Lane.

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