Orisec Limited

Orisec Ltd from Blackburn UK: a large company, holding company, and active status, was founded 11 years ago. With 87 employees and £5,456,520 in assets, it’s a significant player. However, its registered address is a virtual one, as seventeen companies share the same location. The company is led by two directors and two owners, and boasts a stellar 5.0 Google rating based on 64 reviews. Orisec Ltd regularly imports and exports electrical machinery and equipment – 58 months of imports and 13 months of exports, with the latest activity in January 2025 and August 2024 respectively.

The company operates in the manufacture of other electrical equipment industries. Its website, while not detailed, suggests a focus on security systems and related services. It's unclear if Orisec Ltd has a direct e-commerce presence, but the mention of "1066 Pianos" suggests a possible connection to a separate, high-end piano restoration business.

Financially, Orisec Ltd presents a mixed picture. While turnover increased by 9% to £3.9 million, net assets decreased by 24% to -£2.2 million. Cash reserves saw a dramatic increase, soaring 1100% to £450,000, which is a positive sign. However, administrative expenses remained stable at £4.3 million, and bank borrowings increased, suggesting the company may be relying on external funding. Trade debtors decreased by 8%, which is good, but creditors also dropped by 18%, so it's not clear if this is a sign of improved financial management. The company’s auditor is Pierce C A Limited.

Despite the challenges, Orisec Ltd’s strong Google rating and consistent import/export activity indicate a functioning business. The decrease in equity, however, warrants further investigation. It's possible that the company is reinvesting heavily in its operations, but the financial data suggests it’s burning through money like a startup.

Registered in England/Wales under the registration number 08660800, with a registered address at BB1 6AY, Blackburn, Mentor House, Ainsworth Street.

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