Osotto Ltd

Osotto Ltd from Pontypridd UK: a small company with an active status, was founded 11 years ago and currently employs two people. It holds assets valued at £94,041 and operates from a real address, managed by two directors and two owners. The company is a regular importer, specializing in electrical machinery and equipment, with five months of import activity recorded, the last in July 2020.

The company's website reveals a unique business model. While Osotto Ltd itself focuses on selling escooters and related accessories, the sales are actually handled through a partner website, Own4Less. Clicking any "Buy Now" button redirects customers to Own4Less, where the actual transaction takes place. The website showcases a range of escooters, including adult and standard models, and also features WiFi security cameras and stereo equipment. A section dedicated to "Extras" highlights the company’s commitment to quality and safety, with all products available for purchase on the Own4Less platform. A contact form allows customers to reach out for assistance, and the site includes standard legal disclaimers.

Financially, Osotto Ltd presents a mixed picture. Current assets have decreased by 7.6% to £94,000, while net assets have fallen by 3.8% to £59,000. Bank borrowings have remained constant at £5,500, but cash reserves have declined by 18% to £36,000. Creditors have also seen a slight increase of 1.0% to £5,500. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in cash reserves suggests a need for careful financial management. The unaudited accounts, exempt due to its small size, rely on director-reported data.

It seems Osotto Ltd is operating on a lean model, leveraging a partner website for sales and focusing on a niche market of escooters. While the business appears to be active, the financial data indicates a need to monitor cash flow and ensure sustainable growth.

Registered in England/Wales under the registration number 09010164, with a registered address at CF37 1QJ, Pontypridd, South Glamorgan, 5 High Street.

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