Ossett Emporium Ltd

Ossett Emporium Ltd, based in Ossett, UK, is a small, active company founded four years ago. With four employees and £50,259 in assets, it’s a family business operating an e-commerce site and holding a stellar 5.0 Google rating from 30 reviews. The company, overseen by two directors and owners, Chloe and Martin Hancox, is registered at a real address and meets the criteria for a small company – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company's website showcases a wide range of products, from fasteners and fixings to DIY, garden, and household goods, all available for online purchase. It seems to be a well-stocked online retailer catering to a broad customer base. The site even has a blog, suggesting an effort to engage with customers and establish expertise in the field.

Financially, Ossett Emporium Ltd’s recent accounts present a mixed picture. While cash reserves have declined significantly – dropping 62% to just £7,500 – creditors have also decreased by 30%, suggesting improved debt management. Net assets have fallen by 17% to £28,000. Bank borrowings have also decreased by 31%, to £44,000. The company’s intangible assets have seen a 50% reduction, down to £9,400, likely due to amortization. It’s worth noting that the company’s accounts are unaudited and have been prepared using the small companies regime, so they rely on director-reported data. There’s no mention of an external auditor. The decrease in cash reserves, however, might indicate that the business is reinvesting in inventory or expanding its operations, although it could also signal financial pressures.

Registered in England/Wales under the registration number 12784594, with a registered address at WF5 9BN, England, Ossett, Unit 2 & 3 Seemore Shopping Centre, Dale Street.

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