Osc Sales Ltd

Osc Sales Ltd, based in Kent, UK, is a small, active family business established ten years ago. With 25 employees and £3,481,323 in assets, it operates from a real address and is managed by five directors and two owners. The company regularly imports iron or steel products (110 months) and exports them (5 months), focusing on fasteners for construction and electrical work. Its website highlights brands like Carpenters Mate, Orbix, and CAMO, catering to tradespeople through a network of distributors and wholesalers.

The company’s core business revolves around supplying fasteners, with a strong emphasis on quality and efficiency. The website details a range of products, including self-drilling screws, electrical fasteners, and decking systems. It also features a piano restoration division, 1066 Pianos, which operates separately but shares the “1066” branding.

Financially, Osc Sales Ltd shows a mixed picture. While current assets increased by a modest 5.9% to £3,500,000, net assets remained stable at £2,600,000. Bank borrowings decreased by 35% to £210,000, indicating improved debt management. However, trade debtors increased significantly by 20% to £910,000, suggesting potential challenges in collecting payments. Creditors also rose by 25% to £1,200,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the increase in trade debtors warrants attention. The unaudited accounts, as is common for small companies, rely on director-reported data.

The company’s focus on specialized fasteners and its strong online presence suggest a niche market strategy. The addition of the piano restoration division adds a layer of complexity, but it also presents opportunities for diversification. Whether the company can sustain its growth and navigate the financial pressures remains to be seen, but its focus on quality and customer service provides a solid foundation.

Registered in England/Wales under the registration number 09248298, with a registered address at ME10 3UP, England, Kent, Unit 14b-14c Eurolink Industrial Centre Upper Field Road, Sittingbourne.

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