Orion Electronics (london) Ltd

Orion Electronics London Ltd is a small holding company based in London, UK, with an active status. Founded six years ago in 2018, it employs seven people and holds £1,986,605 in assets. The company operates from a virtual address, managed by one director and one owner. It’s an irregular importer of textile products, sets, used clothing, and rags (last import in 2020), but a regular exporter of electrical machinery and equipment (last export in December 2024).

The company’s website is unavailable, making it difficult to ascertain its exact operations beyond the information provided in the report. It appears to be a wholesale operation, operating within the wholesale of household goods (other than musical instruments) n.e.c., and other business support service activities n.e.c. industries.

Financially, Orion Electronics London Ltd presents a mixed picture. Cash bank on hand has dramatically decreased by 70%, dropping to £150,000. Debtors have soared by 200%, reaching £1,800,000, which could indicate increased sales but also potential difficulties in collecting payments. Conversely, creditors have also risen significantly, increasing by 88% to £1,800,000, suggesting higher short-term liabilities. Net current assets and liabilities are stable. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s equity has decreased slightly, and the company is reporting a loss. The financial statements are audited.

The significant increase in debtors, coupled with the decrease in cash reserves, suggests that the company may be experiencing cash flow pressures. It’s possible that the company is investing heavily in inventory or expanding its operations, but it’s also possible that it’s struggling to collect payments from its customers. The auditor, KLSA LLP, will need to investigate these trends further.

Registered in England/Wales under the registration number 11607580, with a registered address at EC1R 5HL, United Kingdom, London, Kalamu House, 11 Coldbath Square.

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