Optimal Industrial Automation Limited

Optimal Industrial Automation Ltd, based in Yate, UK, is a small holding company with an active status, celebrating 35 years in operation. Founded in 1990, the company employs 31 people and holds £3,331,343 in assets. It’s led by four directors and owned by one individual, boasting a stellar 5.0 Google rating from nine reviews. The company regularly imports electrical machinery and equipment, with recent activity in May 2024.

The company's website highlights its role as a full-service provider of automation solutions and services, catering to industries like food and beverage processing, chemical, pharmaceutical, and energy generation. It offers bespoke and packaged engineering solutions, robotics, machine vision, and motion control systems. The website also details its ISO 9001 and ISO 27001 accreditations, emphasizing quality and cybersecurity. The company’s website also mentions a virtual exhibition stand, suggesting a focus on digital outreach.

Financially, Optimal Industrial Automation Ltd shows some concerning trends. Cash bank on hand has fallen by 36%, dropping to £1.2 million. Creditors have more than doubled, rising to £1.2 million, while trade debtors have surged by 200%, reaching £1.7 million. Despite these pressures, current assets have increased by 26%, climbing to £3.3 million. Property, plant, and equipment have also increased significantly, by 61%, reaching £23,000. It’s a small company, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). The lack of a named auditor suggests an exemption as a small company, so the figures are unaudited.

Overall, Optimal Industrial Automation Ltd appears to be navigating a period of change, with rising debts and delayed customer payments potentially impacting its financial health. However, the company’s strong reputation, diverse service offerings, and focus on quality suggest it has the potential to overcome these challenges.

Registered in England/Wales under the registration number 02482877, with a registered address at BS37 5YT, Yate, Bristol, Goodrich Close, Westerleigh Business Park.

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