Ora Europe Ltd

Ora Europe Ltd is a small, active company based in London, UK, established seven years ago in July 2017. It employs 33 people and holds £1,490,820 in assets, operating from a virtual address shared by 374 other companies. The company is led by four directors, though the director list was recently changed, and surprisingly, there are no listed owners. It functions as a regular importer, although its top import category is currently listed as "None," with the last import operation occurring in January 2025.

The company’s website, though not directly accessible, indicates it operates within the biotechnology industries, specifically focusing on research and experimental development. This suggests a B2B focus rather than direct consumer sales. The company’s size qualifies it as small, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Ora Europe Ltd presents a mixed picture. Current assets have grown by 19% to £1,500,000, while cash bank on hand has increased significantly by 120% to £52,000. However, net current assets and liabilities have also grown by 42% to £950,000. Trade creditors have decreased by 57%, which is a positive sign of better debt management. Interestingly, property plant equipment gross cost has remained constant at £15,000. The company’s losses remained at £280,000, and the company’s equity has grown by 42% to £950,000. The lack of an auditor is common for small companies.

The growth in assets and cash suggests the company is generating revenue, but the substantial growth in liabilities indicates it may be relying on borrowing or extended payment terms to fund its operations. The unchanged losses and the growth in liabilities could be a sign that the company is burning through money, although the growth in assets suggests it’s also growing its business. The recent change in the director list could be a sign of restructuring or new investment.

Registered in England/Wales under the registration number 10886790, with a registered address at WC1N 2EB, United Kingdom, London, 10 John Street.

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