Osi Electronics (uk) Ltd

Osi Electronics (UK) Ltd, a medium-sized holding company based in London, has been a fixture in the electrical machinery and equipment sector for 38 years. Employing 92 people, the company holds assets worth £15,096,970 and generates an annual revenue of £21,861,113. While it has a registered address, thirty-one companies share the same location, raising questions about its virtual nature. The company is directed by three individuals and owned by Osi Holdings Company Ltd. It regularly imports and exports electrical machinery and equipment, with a long history of activity – 596 months of imports and 263 months of exports.

Osi Electronics (UK) Ltd operates as a manufacturing solutions provider, offering design, engineering, and production services across multiple markets. Its website highlights capabilities including electronic design, PCB assembly, box build, and global procurement. The company serves various industries, including medical, automotive, and aerospace, and prides itself on providing local service with global expertise. It has a fast track prototyping service and offers custom cable and harness solutions.

Financially, the company shows some concerning trends. While current assets remain at £15,096,970, accrued liabilities have increased by 30% to £910,000 within the last year. Bank borrowings have also increased significantly. On a positive note, the company’s average number of employees has risen by 55%, indicating growth in operations. The company’s net assets have increased by 35% to £6,700,000.

The company’s audit firm, Collett Hulance Accountants Limited, has given it a clean audit opinion. While the company's financial position appears stable overall, the increase in liabilities suggests it may be burning through cash faster than it’s generating revenue. It’s likely that the company’s growth is fueling these increased expenses, but it will be important to monitor its cash flow in the coming years.

Registered in England/Wales under the registration number 02039377, with a registered address at EC4M 9AF, England, London, 5th Floor One New Change.

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