Orion Mis Ltd

Orion Mis Ltd from Chichester UK: a small holding company with an active status, was founded six years ago in December 19, 2018. The company employs 18 people and holds £1,073,855 in assets. It has a real address and is managed by two directors and two owners. Orion Mis regularly imports optical and medical tools and devices, with six months of import activity recorded, the last in September 2023. It occasionally exports machinery, boilers, and mechanical appliances, with one month of export activity recorded as of October 2023.

The company operates as a system integrator, providing design, manufacturing, and support for materials handling solutions. Its website showcases a range of services, including conveyor systems, unit handling, and automated warehouse systems. Orion Mis caters to various industries, such as food and beverage, automotive, and healthcare, and has worked with clients like Expeditors, Tate & Lyle, and Octopus Energy. The company's website highlights its expertise in automation, engineering, and providing tailored solutions to enhance operational efficiency. It even has a new high-speed wheel divert, the fastest sorting speed available on the European market.

Financially, Orion Mis Ltd presents a mixed picture. While bank borrowings decreased by 58%, cash bank on hand increased by 48% to £340,000. However, creditors increased by 37%, and net assets only grew by 9.6%. Trade debtors also saw a significant drop, decreasing by 34%. 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 remain agile. Accumulated depreciation impairment property plant equipment also increased by 29% for computer equipment. With no auditor mentioned, the figures rely on unaudited statements.

The company’s growth in assets and cash reserves suggests a healthy core business, but the increase in creditors and decrease in trade debtors could indicate some financial strain. It’s likely the company is investing in its operations and expanding its services, but it will need to manage its liabilities carefully to maintain its financial stability.

Registered in England/Wales under the registration number 11735049, with a registered address at PO20 3RU, England, Chichester, 1 Fontwell Avenue, Eastergate.

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