Optimill Ltd

Optimill Ltd, based in Colne, UK, is a small, family-run business with an active status. Founded twelve years ago in 2012, the company employs fourteen people and holds £1,210,532 in assets. It operates from a virtual address, registered with forty-seven other companies, and is managed by two directors and two owners. The company boasts a stellar 5.0 Google rating based on forty-five reviews. Optimill Ltd is an irregular importer of vehicles, parts, and accessories (not for trains or trams), with just one month of import activity recorded in 2022, but a regular exporter, with 107 months of export activity recorded, the latest in 2025. The company operates in the machining industries.

The company’s website is minimal, providing little insight into its operations beyond its core business. There is no e-commerce presence, suggesting a business-to-business model rather than direct consumer sales. The lack of a detailed website hints at a more traditional, perhaps smaller-scale operation focused on direct client relationships.

Financially, Optimill Ltd presents a mixed picture. While current assets have increased by a healthy 28%, to £1,200,000, net assets have also grown by 25%, reaching £1,000,000. Bank borrowings have decreased significantly by 48%, to £41,000, and cash reserves have fallen by 9%, to £530,000. Trade debtors have increased dramatically by 140%, to £570,000, which could indicate a period of rapid growth or potentially delayed customer payments. Creditors have also risen, up 14%, to £38,000. 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 increase in debtors warrants monitoring. As a small company, it is exempt from an audit, so the figures are unaudited.

The significant increase in trade debtors could be a sign of expansion, but it also carries risk. The company’s financial health appears stable, but the rise in debtors suggests a need for careful cash flow management. The family-run nature of the business, combined with its strong Google rating, suggests a focus on customer service and quality—factors that could help it navigate any financial challenges.

Registered in England/Wales under the registration number 08119545, with a registered address at BB8 0BP, England, Colne, Lancashire, 73 Albert Road.

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