Oracy Ltd

Oracy Ltd from Sheffield UK: a small, holding company with an active status, was founded 25 years ago in 1999. Employing 23 people, the company holds £1,407,182 in assets and operates from a real address at Eckington Business Park. With three directors and one owner, it boasts a respectable Google rating of 4.0 based on six reviews. The company is an irregular importer of electrical machinery and equipment, with recent activity recorded just two months ago.

The company’s website showcases a dual focus: telecommunications and electric vehicle (EV) charging solutions. Oracy Ltd offers services ranging from telecom deployment and quality auditing to EV charger installation and property development support. They even provide access to government EV charging schemes. The website highlights partnerships with companies like Fleetmaxx and Tap Electric, emphasizing a commitment to simplifying EV charging experiences. It's clear that Oracy Ltd is positioning itself as a one-stop shop for businesses looking to embrace the electric vehicle revolution.

Financially, Oracy Ltd presents a mixed picture. Current assets have decreased by 20%, dropping to £1,400,000, while net assets have also fallen by 17%, settling at £1,100,000. Bank borrowings have increased significantly, and cash reserves have decreased by a substantial amount. However, creditors have also decreased, suggesting improved debt management. The company's small size—meeting two of three conditions for being considered small—allows for agility, but the decline in equity warrants closer scrutiny. The company’s accounts are unaudited, as it is exempt due to its size. It's important to note that the company’s net losses increased significantly, which could be a concern.

Registered in England/Wales under the registration number 03850394, with a registered address at S21 4HL, Sheffield, Unit 3 Rotherside Road, Eckington Business Park.

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