Otter Audit And Consultancy Services Ltd

Otter Audit and Consultancy Services Ltd, based in London, UK, is a small, active company founded seven years ago. With nine employees and £545,348 in assets, it operates from a virtual address and is led by a single director and owner, Jones Alex William, who is also the solo founder. The company boasts a stellar 5.0 Google rating based on four reviews. It’s an irregular importer, primarily dealing with iron or steel products, with its last import operation recorded over two years ago.

The company’s website highlights its focus on providing reliable, insightful, and client-focused audit and consultancy services to the insurance sector. Otter Audit specializes in delegated authority audits, compliance support, and offers expertise in the ever-changing regulatory environment. They work with a wide range of clients, from large UK insurers to smaller intermediaries, leveraging over 80 years of combined experience within the delegated authority market. The website also mentions 60 insurer clients and 500 insurance firms visited, showcasing a broad network.

Financially, Otter Audit and Consultancy Services Ltd appears to be in a healthy position. Cash reserves have increased significantly, jumping 96% to £370,000. Current assets are up 43% to £550,000, and net assets have also seen a substantial rise of 51% to £320,000. However, accrued liabilities have also increased by 51%, reaching £120,000, and bank borrowings have decreased by 41%, dropping to £25,000. The number of employees has increased by 33%, reaching twelve, which could be a sign of growth, but also increased costs. As a small company meeting two of three criteria (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it’s likely exempt from a full audit, relying on unaudited financial statements.

Registered in England/Wales under the registration number 11094093, with a registered address at SE1 0AS, England, London, 64 Southwark Bridge Road.

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