Osai-uk Ltd

Osai Uk Ltd from Milton Keynes UK is a small holding company with an active status, having been founded 28 years ago. The company employs just three people and holds £754,576 in assets, operating from a real address. With three directors and one owner, Osai Uk Ltd is a regular importer and exporter of electrical machinery and equipment, having imported for 92 months and exported for 41 months.

The company’s website reveals a broader scope than initially apparent. While Osai Uk Ltd operates as a holding company, its core business involves providing CNC numerical control automation solutions. It designs and customizes automation solutions for diverse applications, offering hardware and software solutions, technical support, and even retrofit and revamping services. The company’s history traces back to 1957 as a division of Olivetti, and it now boasts a global footprint with subsidiaries in China, the United States, and the United Kingdom. The website highlights four “OPENone Origins” episodes detailing the development of its CNC product, and emphasizes its commitment to innovation and customer care.

Financially, Osai Uk Ltd appears to be in a stable position, though some trends are worth noting. Cash bank on hand increased by 22% to £490,000, while current assets rose by 15% to £750,000. However, creditors increased by 38% to £98,000, and other debtors decreased by 47% to £21,000. The company’s net assets grew by 12% to £660,000, indicating a healthy equity position. The decrease in property plant equipment is also notable, with motor vehicles dropping to zero. As a small company meeting two of three criteria for size (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), it’s exempt from a full audit, relying on unaudited statements. The company's net losses deepened, though it’s unclear if this is a short-term issue or a longer-term challenge.

Registered in England/Wales under the registration number 03323855, with a registered address at MK1 1SF, Milton Keynes, Buckinghamshire, Mount House, Bond Avenue, Bletchley.

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