Ormos Trades Limited

Ormos Trades Ltd, based in Watford, UK, is a small, family-run business with an active status, having been founded twelve years ago in 2012. Employing fifteen people and holding £681,177 in assets, it operates from a real address and is managed by one director and two owners. The company’s Google rating is a perfect 5.0 based on forty reviews, reflecting a positive customer experience. It's a regular importer, specializing in meat, fish, and seafood preparations, with 162 months of import activity recorded, the latest in February 2025.

The company’s website showcases a wide range of Greek food products, from traditional bakery items like Tsoureki and Koulouri to fresh dips, cheeses, and meats. It caters to both retail and trade customers, offering a dedicated trade account section with competitive pricing and business solutions. The website also features a selection of vegan products and soft drinks, demonstrating a commitment to diverse dietary needs. It seems like they have a good ecommerce site.

Financially, Ormos Trades Ltd presents a mixed picture. While current assets increased by 16% to £680,000, net losses deepened from -£20,000 to -£35,000. Bank borrowings surged by 4,100%, reaching £66,000, and cash reserves fell 51% to £9,700. Trade debtors decreased by 9.4%, suggesting better debt management. 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 stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s property, plant, and equipment has also seen depreciation, with Land Buildings down 15%, Plant Machinery down 1.7%, and Vehicles down 2.4%. Despite these challenges, the company continues to import regularly and maintain a strong online presence, suggesting a resilient business model. It seems they are burning through cash, but they have a good ecommerce site and a strong reputation.

Registered in England/Wales under the registration number 08208111, with a registered address at WD18 0AG, England, Watford, 1 The Crescent.

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