Otte Chrysalis Limited

Otte Chrysalis Ltd from London UK: small company, active status, founded 7 years ago, 2 employees, £12,417 assets, virtual address, 1 director, 1 owner. This small business, operating from a virtual address in Chiswick Business Park, London, is a limited company with a relatively modest profile. Founded in May 2017, it currently employs just two people and holds a small amount of assets – just £12,417. It’s led by a single director and owner, Topac Huseyin Omur. The address is likely virtual, as sixty-nine other companies share it, a common practice to reduce overhead costs.

The company’s activities are diverse, spanning retail sales via mail order and internet, IT consultancy, public relations, and management consultancy – excluding financial management. It’s a busy little operation, covering a lot of ground. While it has a website, there’s no clear indication of an e-commerce presence. It seems to be more focused on providing services rather than selling products directly online.

Financially, Otte Chrysalis Ltd presents a mixed picture. While the company is small, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), its current assets are a mere £12,000, a slight decrease from the previous year. Bank cash has remained steady at £5,000. Creditors are at £12,000, and debtors at £7,500. A significant point is the large dividend declared – £16,000 – which could be a distribution of profits or a planned payment. Loans from directors are negative, at -£570, which could mean the director has lent money to the company. Net assets are a modest £380. It’s worth noting that the accounts are “filleted” and unaudited, meaning they are simplified and haven’t undergone external review, which is standard for small companies. There’s no mention of an auditor.

Overall, Otte Chrysalis Ltd appears to be a small, service-oriented business navigating the challenges of a competitive market. The company's diverse activities and small size allow for flexibility, but the financial figures suggest a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 10764966, with a registered address at W4 5YA, England, London, C/O Ida&Co Building 3 Chiswick Business Park, 566 Chiswick High Road.

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