Origin Storage Limited

Origin Storage Limited, based in Basingstoke, UK, is a sizable holding company with an active status, having operated for 24 years. Employing 31 people, the company holds assets worth £9,102,689 and generates a yearly revenue of £17,324,490. It operates a real address and is overseen by one director and one owner. A key aspect of its business is an e-commerce site, and it maintains a respectable Google rating of 4.0 based on five reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 558 months of import activity and 283 months of export activity.

The company’s website highlights its involvement in the manufacture of computers and peripheral equipment. It appears to be a well-established operation, with a focus on both domestic and international trade. The company’s website is a key component of its business model, facilitating online sales and reaching a wider customer base.

Financially, Origin Storage Limited presents a mixed picture. While current assets have increased by a substantial 29%, to £9,100,000, net assets have also increased by 12%, reaching £5,400,000. However, bank borrowings have risen by 16%, to £300,000, and cash reserves have decreased by 82%, to £490,000. Creditors have also increased by 66%, reaching £3,900,000. The company's turnover has decreased by 2.7%, to £17,000,000. Despite these fluctuations, the company’s size (meeting two of three criteria for a large company) suggests it’s navigating these changes effectively. The company’s financial statements were audited by James Cowper Kreston Audit.

The trends suggest that Origin Storage Limited is likely facing increased costs or challenges in managing its working capital, but its established presence in the market and ongoing import/export activities indicate a resilient business model. It is possible that the company is investing in growth initiatives, which could explain the rise in bank borrowings and the decrease in cash reserves.

Registered in England/Wales under the registration number 04117552, with a registered address at RG24 8PB, England, Basingstoke, Hampshire, Unit 2-4 The Rutherford Centre, Rutherford Road.

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