Otiumberg Limited

Otiumberg Ltd from London UK: a small, active company founded eleven years ago, employs eleven people, and holds £1,243,674 in assets. It operates from a real address and is managed by two directors and two owners, running a successful e-commerce site with a stellar 5.0 Google rating from 220 reviews. The company regularly imports and exports jewelry, precious stones, and metals – ninety-nine months of import activity and thirty-nine months of export activity.

The company’s website, Otiumberg, showcases a refined jewelry collection, emphasizing timeless designs and sustainable practices. It offers a wide range of materials, including solid gold, silver, and diamonds, and caters to various occasions with collections like "The Roscida Collection" and "The Domino Collection." The site also highlights personalized jewelry options, gift sets, and a commitment to responsible sourcing and recycling. It’s clear they’re targeting a customer who values both style and ethics.

Financially, Otiumberg Ltd shows a mixed picture. While net assets increased by 2.7% to £1,100,000, cash reserves declined by 2.8% to £750,000. Bank borrowings have increased significantly, jumping 2,400% to £31,000, which could indicate investment in inventory or marketing. Trade debtors decreased by 38%, suggesting improved collection of payments, but creditors increased by 9.4% to £200,000. The company’s small size – meeting two of three criteria for a small company – allows for flexibility, but the rise in borrowings is something to keep an eye on. There's no mention of an auditor, which is common for small companies, so the financial statements are unaudited.

The company's increase in intangible assets, however, suggests they're investing in their brand and intellectual property. It’s possible the increase in bank borrowings is related to this investment. Overall, Otiumberg Ltd appears to be a well-managed, growing business, but the increase in debt warrants further monitoring.

Registered in England/Wales under the registration number 08740546, with a registered address at W11 4LA, England, London, 2 Portland Road.

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