Or Media Limited

Or Media Limited, based in London, UK, is a small, active company founded 19 years ago. It employs 23 people and boasts assets of £59,588,188. The company’s accounts are currently overdue by four months. It has two directors and one owner, and operates from a real address shared by seven other companies. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import operation occurring one month ago in May 2022.

The company’s website reveals a focus on medical technology. Or Media Limited, established in 2017, is a Hong Kong-based software development company specializing in next-generation software solutions for medical institutions. Its core product, RazorFish, is a customizable Virtual Clinical Information System integrating data from medical professionals, devices, and other sources. It’s listed as a vendor under the Hong Kong Hospital Authority and aims to revolutionize medical diagnosis and doctor-patient communication through AI and machine learning, providing remote medical assistance. The system integrates with devices from manufacturers like Drger, Philips, Siemens, and GE, exporting data to various formats.

Financially, Or Media Limited’s picture is complex. While cash bank on hand increased dramatically by 1700% to £2,000,000, current assets fell by 25% to £50,000,000. Capital commitments jumped to £5,600,000, a significant increase. Debtors soared by 4900% to £54,000,000, while creditors also increased substantially, rising by 8100% to £55,000,000. The average number of employees increased by a staggering 200% to 69, which is a lot more than the 23 reported last year. The company is small, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, fewer than 50 employees). The increase in debt and the decrease in assets, however, suggests the company is burning through cash, possibly to fund its ambitious software development and expansion. No auditor is mentioned, which is common for small companies.

Registered in England/Wales under the registration number 05665322, with a registered address at WC1R 4TH, United Kingdom, London, 39-40 Eagle Street Holborn.

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