Orca Oceanic Systems Limited

Orca Oceanic Systems Limited, based in London, UK, is a small, active company founded six years ago in 2019. Employing nineteen people and holding £332,474 in assets, it operates from a virtual address—one of 478 companies registered at the same location—and is led by two directors and owners, Michael and Callum Masson. The firm boasts a Google rating of 3.0 based on just one review and is a regular importer of electrical machinery and equipment, with nine months of import activity recorded, the latest in August 2024. It’s also described as a family business.

The company’s website, while not fully detailed, indicates a focus on repair of electrical equipment and maintenance of ships and boats, operating within the diving contractor industry in Scotland. It even has a showroom in Harrods, London.

Financially, Orca Oceanic Systems Limited presents a mixed picture. Current assets have decreased by 19%, falling to £330,000, while net assets have also dropped by 7.7%, settling at £350,000. Cash reserves have increased significantly by 290%, reaching £43,000, which is a positive sign. However, creditors have decreased by 53%, dropping to £88,000. Bank borrowings have increased by 270%, reaching £5,900. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity warrants closer examination. With no auditor mentioned, the financial statements are unaudited.

The company's average number of employees during the period has dropped significantly, decreasing by 58% to just eight. This could be due to seasonal work or restructuring, but it's something to keep an eye on. It's clear that Orca Oceanic Systems Limited is navigating a period of change, balancing its established services with the challenges of a fluctuating market.

Registered in England/Wales under the registration number 11886628, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street Covent Garden.

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