Optigene Limited

Optigene Ltd, based in West Sussex, UK, is a holding company with an active status, established 17 years ago. The company employs a single person and holds assets valued at £9,893,603. With three directors and two owners, it operates from a real address and has been importing optical and medical tools and devices for eight months, while exporting these same items for a substantial 132 months.

The company’s website, while not providing detailed information, suggests a focus on the manufacture of electronic measuring and testing equipment, specifically catering to industries *other* than industrial process control. It’s unclear if the company operates an e-commerce site, but the website's limited content doesn't indicate a direct sales channel.

Financially, Optigene Ltd presents a mixed picture. While its assets are significant, several key metrics have declined. Current assets have fallen by 34% to £9,900,000, and net assets have decreased by 31% to £26,000,000. Bank borrowings have increased by 35% to £180,000, and cash reserves have dropped by 40% to £8,100,000. Creditors have increased significantly by 120% to £2,900,000. The company’s dividend payments remain consistent at £4,400,000. It’s likely that the company is reinvesting profits into its operations, but the decrease in cash reserves warrants monitoring. The lack of an auditor mentioned suggests the company is exempt from an audit, and the figures are unaudited.

The company's focus on importing and exporting specialized medical equipment suggests a business-to-business model rather than direct consumer sales. The decline in assets and cash reserves, while concerning, could be attributable to increased investment in inventory or expansion of its import/export operations.

Registered in England/Wales under the registration number 06465874, with a registered address at RH13 5QR, West Sussex, Unit 5 Blatchford Road, Horsham.

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