Ossian Online Ltd

Ossian Online Ltd is a small, active company based in London, UK, founded six years ago in 2018. Despite its active status, the company has overdue accounts and confirmation statements for two years, and holds assets valued at £119,594. It operates from a virtual address shared by many other companies, and is run by a solo founder who also serves as the director and owner.

The company’s website, Ossian Media, reveals a different story: it’s a web design and digital marketing agency based in Dundee. They offer a wide range of services, from website design and WordPress development to SEO, managed hosting, and even mobile app development. The site emphasizes a “creative” approach and promises to turn “online meh into online wow,” catering to forward-thinking businesses. Client testimonials highlight their responsiveness, solution-focused approach, and ability to deliver impactful results. They even offer aftercare and support, indicating a commitment to long-term client relationships.

Financially, Ossian Online Ltd presents a mixed picture. Cash bank on hand has seen a significant jump, increasing by 9500%, reaching £36,000, while bank borrowings have also increased substantially, reaching £30,000. Current assets have also risen dramatically, increasing by 6300% to £120,000. However, net assets have seen a large decrease, dropping by 17000% to £57,000. Creditors have also increased significantly, rising by 1200% to £35,000. 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 flexibility, but the decline in equity suggests potential financial pressures. The company is exempt from an audit, so the figures are unaudited.

It’s clear that while Ossian Media is actively growing its web design and digital marketing business, the underlying company, Ossian Online Ltd, is navigating some financial challenges. The sharp increase in debt and the decrease in equity may be a result of investments in the business, but it warrants close monitoring.

Registered in England/Wales under the registration number 11517922, with a registered address at WC2H 9JQ, United Kingdom, London, Greater London, 71-75 Shelton Street.

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