Optima Products Limited

Optima Products Ltd from High Wycombe UK: large company, holding company, active status, founded 53 years ago, 141 employees, £8,413,257 assets, yearly revenue: £18,190,675, virtual address, 4 directors, 1 owner, google rating 4.0 based on 18 reviews. Regular importer of miscellaneous metal items (56 months imported). Regular exporter of aluminum and aluminum products (104 months exported). Optima Products Ltd is a sizable holding company operating out of High Wycombe, with a history stretching back to 1971. Employing 141 people, the company holds assets valued at £8.4 million and generates annual revenues of approximately £18.2 million. Notably, its registered address is a virtual one, with 142 companies registered at the same location – a bit unusual, really. Four directors oversee operations, and one owner is listed, though it’s worth noting that the owner list may not be exhaustive. Customers seem pleased, with a Google rating of 4.0 based on 18 reviews. The company regularly imports miscellaneous metal items and exports aluminum and aluminum products, showcasing a diverse supply chain.

The company's core business revolves around the manufacture and distribution of partitioning systems, with a focus on both domestic and international markets. While a dedicated website isn’s available, the business operates through a network of dealers and has a presence in Asia and Oceania. It's clear that Optima Products Ltd is a well-established player in its sector, with a long-standing reputation for quality and reliability.

Financially, Optima Products Ltd presents a mixed picture. While current assets remain stable at £8.4 million, key metrics indicate some challenges. Net assets have declined by 18% to £7.2 million, and bank borrowings have increased by 22%, reaching £1.2 million. Creditors have also risen by 15%, suggesting a reliance on short-term financing. However, the company’s large size (meeting two of three conditions for a large company: turnover over £36 million, balance sheet total over £18 million, and average number of employees over 250) suggests it has the resources to weather these pressures. The company’s auditor, Seymour Taylor Limited, provided an unqualified opinion on the financial statements, indicating that the accounts give a true and fair view.

Looking ahead, Optima Products Ltd faces the ongoing challenge of managing its finances while maintaining its market position. The increase in bank borrowings and creditors suggests a need for careful cash flow management. The company’s long-standing reputation and established dealer network provide a solid foundation for future growth, but it will need to address these financial pressures to ensure its continued success. The company’s assets are stable, but it’s important to monitor the trends in net assets and bank borrowings closely.

Registered in England/Wales under the registration number 01033081, 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.