Osso Limited

Osso Ltd from Aberdeen, UK, is a small holding company with an active status, having been incorporated 22 years ago in 2003. The company employs 23 people and holds assets worth £4,992,537. It operates from a virtual address, a detail flagged by the presence of ten companies registered at the same location. Led by three directors and owned by one entity, Osso Ltd functions as a regular importer and exporter of machinery, boilers, and mechanical appliances, parts.

The company’s website highlights its role as a leading provider of rental equipment and support services for fluid temperature control, separation, and water treatment. It caters to various industries, including construction, oil & gas, and food & beverage, offering specialist equipment rentals, technical support, and engineering solutions. The website also mentions a 50% increase in revenue and doubling of headcount following a £5 million investment in its fleet, and the establishment of a Middle East entity.

Financially, Osso Ltd’s recent performance shows some interesting trends. While cash bank on hand remained steady at £120,000, accumulated amortisation impairment of intangible assets increased by 25% to £61,000. Amounts owed by related parties stayed the same at £5,600, but amounts owed to group undertakings decreased significantly by 51% to £1.5 million. Creditors increased by 9.2% to £5 million, and trade debtors grew by 98% to £2.7 million. Despite these shifts, net assets increased by 13% to £1 million, and the company reported a profit loss of £460,000. 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 it to remain agile, but the significant loss raises questions. There was no auditor mentioned, which is likely due to the company’s exemption as a small company.

Registered in Scotland under the registration number SC247799, with a registered address at AB15 4ZT, Scotland, Aberdeen, 6 Queens Road.

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