Opt Metals Limited

Opt Metals Limited, based in Brighton, UK, is a small, active company founded seven years ago. With two employees and £104,304 in assets, it’s a solo founder operation led by a single director and owner, Au Siu Man. The company’s status is active, and it operates from a real address shared by just two other businesses. It’s an irregular importer, with its top import category being Various base metals and cermets, totaling 2 months of imports, the last operation conducted on December 01, 2021. The company operates in the wholesale of waste and scrap industries.

While Opt Metals Limited's website is unavailable, it’s clear the company is focused on sourcing and supplying metals. The business likely serves industrial clients, though the limited import activity suggests a smaller-scale operation.

Financially, Opt Metals Limited presents a mixed picture. Current assets have remained steady at £100,000, while cash bank on hand is also at £100,000. However, net assets have declined by 1.1% to -£91,000, indicating that liabilities outweigh assets. Bank borrowings have increased by 3.6%, reaching £29,000, and trade debtors have decreased by 5.4% to £810. Depreciation charges have also increased by 14%, suggesting investment in fixed assets. The company meets two of three conditions to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the figures rely on unaudited statements.

The company’s financial trajectory suggests it’s navigating challenges. The negative equity and increased borrowings could indicate a need for improved cash flow management. However, the steady assets and the ongoing import activity suggest a business that’s holding on, albeit cautiously.

Registered in England/Wales under the registration number 11245784, with a registered address at BN1 1AL, England, Brighton, East Sussex, Werks Central, 15-17 Middle Street.

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