Optimus Global Limited

Optimus Global Ltd from Morpeth UK: a small, active company established 23 years ago, employs three people, and holds £345,598 in assets. It's a family business with five directors and two owners, operating from a real address. The company regularly imports and exports clocks, watches, and their parts—32 months of import activity and 19 months of export activity recorded, the latest in March 2024 and June 2021 respectively. It also operates in the wholesale of hardware, plumbing and heating equipment and supplies industries.

The company’s website is minimal, offering little insight beyond its core business. There’s no obvious e-commerce presence, suggesting a wholesale model focused on business-to-business transactions rather than direct consumer sales.

Financially, Optimus Global Ltd shows a mixed picture. Current assets decreased by 19%, falling to £350,000, while net assets increased slightly to £630,000. Cash reserves saw a significant jump, soaring 720% to £280,000—a positive sign of improved liquidity. However, trade debtors plummeted by 85%, dropping to just £50,000, which could indicate difficulties collecting payments or a shift in credit policies. Bank loans & overdrafts increased by 65%, reaching £220,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decrease in debtors is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company's substantial increase in property plant equipment, which stayed at £450,000, is interesting. It could mean they are investing in their infrastructure or equipment, which is good for long-term growth. It’s also worth noting the company’s retained earnings accumulated losses increased by 0.86%, which is a positive trend.

Registered in England/Wales under the registration number 04264987, with a registered address at NE12 8EG, England, Newcastle Upon Tyne, Rmt Accountants & Business Advisors Ltd, Gosforth Park Avenue.

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