Opus Group (uk) Limited

Opus Group (uk) Limited is a small, active company based in Bideford, Devon, founded fourteen years ago in 2011. With £332,305 in assets and a virtual address, it operates as a solo-founded business led by one director and owner. The company’s core activity involves importing machinery, boilers, and mechanical appliances – parts, with 17 months of import activity recorded, the latest in June 2024.

The company's website reveals a broader scope of operations, acting as a recruitment agency, specifically within the public and private sectors. They offer temporary and permanent job placements across various sectors, including social work, HR, administration, and construction. The site highlights their commitment to connecting candidates with suitable roles and assisting organisations in finding the talent they need. They even boast partnerships with local authorities and offer a range of recruitment services, from managed service provider approaches to executive recruitment.

Financially, Opus Group (uk) Limited shows a mixed picture. Current assets decreased by 11% to £330,000, while net assets dropped 13% to £420,000. Bank borrowings are stable, and cash reserves are up 48% to £250,000. Trade debtors are down significantly, suggesting better debt management, but creditors have increased by 33%. 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 net assets warrants attention. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

While the recruitment side appears active and focused on building relationships, the financials suggest a need to carefully manage expenses. Whether the company can sustain its growth trajectory remains to be seen, but its focus on specialist recruitment and local partnerships provides a solid foundation.

Registered in England/Wales under the registration number 07563433, with a registered address at EX39 2AT, Bideford, Devon, 69 High Street.

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