Optima Contracting Limited

Optima Contracting Ltd, based in High Wycombe, UK, is a holding company with a 40-year history and an active status. Employing 483 people and holding assets valued at £12,394,944, the company operates from a virtual address shared by 142 other companies, a detail that raises a flag. Six directors and one owner guide the business, which has a stellar 5.0 Google rating based on 19 reviews. The company regularly imports electrical machinery and equipment, with the last import operation occurring in January 2025.

Optima Contracting Ltd’s core business involves the construction of other civil engineering projects, a sector known for its cyclical nature. It owns several subsidiaries, including Optima Products Limited, Optima Installations Limited, and Unilock Limited, suggesting a diversified approach to the construction market. The company’s website doesn’s provide much detail about e-commerce, indicating a primarily business-to-business model.

Financially, Optima Contracting Ltd presents a mixed picture. While turnover remained steady at £26 million, net assets decreased by 10% to £6.9 million. Cash bank on hand increased by a substantial 21% to £4.8 million, a positive sign. However, bank borrowings surged by 93% to £750,000, and creditors decreased by 13% to £8.2 million. Dividends paid decreased by 52% to £980,000. The company’s average number of employees decreased slightly by 5.8% to 460. The company's auditors, Seymour Taylor Limited, gave an unqualified opinion on the financial statements. The decline in net assets, despite increased cash reserves, could be attributed to increased investment in working capital or strategic acquisitions, though the increased borrowing suggests a need for additional funding. The virtual address, while common, does raise questions about the company’s physical presence and operational efficiency.

Registered in England/Wales under the registration number 01886477, with a registered address at HP11 2EE, England, High Wycombe, Buckinghamshire, First Floor North, 40 Oxford Road.

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