Optimal Technologies Limited

Optimal Technologies Ltd, based in Letchworth Garden City, UK, is a small holding company with an active status. Established 27 years ago in 1997, the company employs 33 people and holds assets worth £11,358,818. It operates from a real address and is managed by two directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances; parts (31 months of import activity), and exports the same (672 months of export activity).

The company’s website highlights its specialization in optical ultrasonic lens cleaning and hard coating, catering to industries like semiconductor and medical. It offers both standard and bespoke cleaning and coating units, along with support and preventative maintenance programs. A key focus is on precision optics and medical implant processing solutions, with over 1,000 systems operating worldwide. The website also showcases its work in fluorescent penetrant inspection, in-process cleaning, and passivation systems. It’s clear they are a manufacturer, operating in the specialized area of other special-purpose machinery.

Financially, Optimal Technologies Ltd presents a mixed picture. While current assets increased by 23% to £11 million, trade debtors decreased by 71% to £450,000, suggesting potential difficulties in collecting payments. Bank borrowings increased by 13% to £6.4 million, and cash reserves fell by 1100% to £1.2 million. Creditors, however, decreased by 53% to £230,000, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the significant drop in cash reserves and increase in borrowings raise concerns. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Optimal Technologies Ltd appears to be a specialized manufacturer facing some financial pressures, though its strong export record and focus on niche markets could help it navigate these challenges.

Registered in England/Wales under the registration number 03468747, with a registered address at SG6 2TD, United Kingdom, Letchworth Garden City, Hertfordshire, Fourth Dimension, Fourth Avenue.

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