Orion Photonics Ltd

Orion Photonics Ltd is a small, holding company based in Somerset, UK, with an active trading status. Founded fourteen years ago in March 2011, the company operates from a real address and is overseen by three directors and a single owner. It’s a regular importer of glass and glassware, having imported for eleven months, with the last import occurring in February 2023. Simultaneously, it exports optical and medical tools and devices, having exported for seven months, again with the last operation in February 2023.

The company’s website, salesorionoptics.co.uk, showcases a diverse range of astronomical telescopes and optical components. It’s clear they’re focused on direct-to-consumer sales, offering a “Configure your perfect Telescope” option, allowing customers to build their own bundles of bodies, optics, mounts, and accessories. Orion Optics emphasizes state-of-the-art technology and skilled technicians, producing “world class” optics and telescopes. Customer testimonials highlight the exceptional image quality and performance of their products, with satisfied customers praising the resolution and brightness achieved. The website also features a gallery of telescopes and accessories, alongside information about servicing and optical coatings.

Financially, Orion Photonics Ltd presents a mixed picture. Debtors have plummeted by a substantial 80%, falling from £510,000 to just £100,000—a significant decrease. Equity has also suffered, with retained earnings and accumulated losses dropping to zero, and share premium remaining at £100,000. Net current assets and liabilities have followed suit, decreasing by 80% to £100,000. While the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, the sharp decline in equity raises concerns. The company’s lack of employees (zero reported) suggests a lean operation. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Orion Photonics Ltd appears to be facing financial headwinds, despite a strong product offering and positive customer feedback. The company’s focus on high-quality optics and direct sales positions it well, but managing its financial health will be crucial for its long-term success.

Registered in England/Wales under the registration number 07585825, with a registered address at TA19 0PF, United Kingdom, Somerset, Dowlish Ford, Ilminster.

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