Option Hygiene Limited

Option Hygiene Limited, based in Nelson, UK, is a small, active company established 27 years ago. With eight employees and £268,707 in assets, it operates from a real address and is overseen by three directors and two owners. The company boasts a stellar 5.0 Google rating from nine reviews, indicating strong customer satisfaction. It’s a regular importer, primarily bringing in machinery, boilers, and mechanical appliances, though the last import activity was recorded way back in 2017.

The company’s website isn’s available, so it’s hard to tell what they are doing. It’s possible they are operating as a B2B supplier, selling their products to other businesses.

Financially, Option Hygiene Limited presents a mixed picture. Accumulated depreciation for furniture and fittings increased slightly, but motor vehicle depreciation saw a significant jump of 30%. Bank borrowings decreased by 36%, which is a positive sign, and cash reserves dropped 15%. However, creditors rose by 11%, and net assets plummeted 44%—a substantial decline. The company’s small size (meeting two of three criteria for a small company) helps with agility, but the equity drop is concerning. The company's turnover is not available, but it's likely to be less than £10.2 million. The lack of an auditor mentioned suggests they are exempt as a small company, relying on unaudited statements.

It seems like Option Hygiene Limited is facing some financial headwinds, but its long-standing presence and positive customer reviews suggest a resilient business. The significant drop in equity could be due to various factors, such as increased investment or reduced profitability—but it’s something to watch closely.

Registered in England/Wales under the registration number 03420269, with a registered address at BB9 7QR, Nelson, Lancashire, Unit 6 Riverside Industrial, Estate, Cliffe Street.

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