Otech Limited

Otech Limited, based in Rochdale, UK, is a small, active company founded 11 years ago. With a single employee and £2,057 in assets, it’s a modest operation managed by one director and owner. The company’s status is active, and it operates in the retail sale via mail order houses or via internet industries.

The company's website is not available, so it's difficult to determine the specifics of their online presence. However, the description suggests an e-commerce focus, likely selling goods directly to consumers through an online store. It’s probable they are focused on a niche market, given their small size and limited resources.

Financially, Otech Limited presents a concerning picture. While the company is small (meeting two of three conditions for a small company), its net assets and liabilities have drastically declined, plummeting 1500% to -£8,800. Cash bank on hand has also fallen significantly by 89%, leaving only £130. Creditors have decreased slightly, but trade debtors are also down, suggesting potential issues with collecting payments. The company's retained earnings and accumulated losses are also deeply negative. The accounts are described as "filleted," meaning they are exempt from a full audit and rely on unaudited director reports. This lack of external verification adds to the uncertainty surrounding the company’s financial health. It's possible the company is struggling to generate sufficient revenue to cover its expenses, or that it has incurred unexpected costs.

Registered in England/Wales under the registration number 08588866, with a registered address at OL12 6JD, England, Rochdale, 12 Headlands Street.

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