Ores Display Limited

Ores Display Limited, based in Doncaster, UK, is a small, active company founded 10 years ago. With two employees and £157,895 in assets, it’s a solo-founded operation managed by two directors and a single owner. The company regularly imports furniture, lighting, and prefabricated buildings – a trend observed over the last three months. It operates from a real address, with only one other company registered at the same location.

The company’s website, oresdisplay.co.uk, showcases a wide range of iPad display solutions, catering to various retail and exhibition needs. From desktop and floorstanding displays to wall mounts and podiums, Ores Display offers a comprehensive selection of enclosures designed to enhance customer interaction with touchscreens and tablets. The site highlights the versatility and security of its products, used in locations such as airports, car showrooms, and hotels. It’s clear that the business is focused on providing specialized hardware for digital signage and point-of-sale applications.

Financially, Ores Display Limited presents a mixed picture. While cash bank on hand increased significantly by 94% to £3,300, current assets experienced a sharp decline of 33%, dropping to £160,000. Debtors also decreased considerably, falling 42% to £68,000. However, creditors remained relatively stable, at £150,000. The most concerning trend is the substantial increase in net assets liabilities, which ballooned by 110% to -£180,000. This suggests the company is burning through cash and accumulating losses. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity drop raises questions about its long-term viability. As a small company, it’s likely exempt from an audit, meaning the figures are unaudited.

Registered in England/Wales under the registration number 09398446, with a registered address at DN11 8RU, England, Doncaster, Unit 11 Faraday Close, Harworth.

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