Oro Limited

Oro Limited is a small, active company based in Leeds, UK, established 25 years ago in 1999. It’s a family business with five employees and holds £1,975,124 in assets, operating from a real address. The company is led by three directors and owned by Denton Jerry and Denton Lynne. Oro Limited regularly imports jewelry, precious stones, and metals—a consistent activity spanning seven months, with the most recent import in October 2024.

The company’s operations encompass both the manufacture of jewelry and the wholesale of household goods, indicating a diverse business model. Its website is currently unavailable, making it difficult to assess its online presence and e-commerce activities.

Financially, Oro Limited presents a mixed picture. While cash bank on hand dropped by 17% to £1,000,000, current assets increased by 7.7% to £2,000,000. However, net assets grew by only 6.8% to £1,700,000. Bank borrowings increased significantly, rising by 28% to £170,000, while trade debtors decreased by 30% to £120,000. The company’s small size—meeting two of three conditions for being considered small—helps it remain flexible. The increase in specific advances to directors, rising 28% to £170,000, is something to watch. As a small company, Oro Limited is exempt from an audit, and the figures are unaudited.

Overall, Oro Limited appears to be navigating a period of change. While asset growth is positive, the increase in borrowing and the decrease in cash reserves suggest it's burning through money. The company’s continued focus on importing and its diverse business model—jewelry manufacturing and wholesale—could be key to its future success, but management will need to keep a close eye on its financial health.

Registered in England/Wales under the registration number 03803464, with a registered address at LS25 4BU, Leeds, Yorkshire, 8 Enterprise Court, Pit Lane.

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