Optimal Westmidlands Ltd

Optimal Westmidlands Ltd, based in Smethwick, UK, is a small, active company established seven years ago. With eight employees and £126,178 in assets, it operates from a real address and is managed by one director and owner. The company is an irregular importer, primarily dealing with miscellaneous metal items, with just one month of import activity recorded as of February 2019.

The company’s website reveals a focus on scaffolding services, operating as Optimum Scaffolding Ltd. It provides a wide range of services across construction sectors in the West Midlands, boasting NASC full contractor membership. Services include residential, commercial, industrial, and heritage scaffolding, with a focus on safety, compliance, and client satisfaction. The website highlights a pretender design service, detailed quotations, skilled CISRS scaffolders, and a commitment to excellence.

Financially, Optimal Westmidlands Ltd shows a mixed picture. Current assets increased by 3.8% to £130,000, while net assets rose by 31% to £47,000. Bank borrowings decreased by 32% to £22,000, and cash reserves dropped by 24% to £1,200. Creditors decreased by 32% to £22,000, suggesting improved debt management. 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 decrease in cash reserves is something to keep an eye on. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

The company's focus on scaffolding services, coupled with its NASC accreditation, suggests a stable business model. However, the fluctuating financial figures highlight the challenges of managing cash flow in a competitive industry.

Registered in England/Wales under the registration number 11284988, with a registered address at B66 4RQ, England, Smethwick, 70-72 Shireland Road.

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