Otterdene Limited

Otterdene Ltd, based in Cullompton, UK, is a large holding company with an active status, established eight years ago. The company employs 37 people and holds assets valued at £6,407,975. It operates a real address and is managed by five directors, with one owner reported. Otterdene Ltd runs an e-commerce site and has a stellar 5.0 Google rating based on three reviews. The company regularly imports and exports toys, games, and sports equipment, with 587 months of import activity and 10 months of export activity.

The Otterdene website showcases a diverse range of products, from clothing and footwear to toys, outdoor equipment, and gifts. It's clear the company caters to both children and adults, with sections dedicated to summer activities, camping essentials, and even high-end gifts. The site’s layout is well-organized, with clear categories and product listings, and a strong emphasis on exclusive brands.

Financially, Otterdene Ltd has experienced some shifts. Current assets have decreased by 20%, falling to £6,400,000, while net assets have also dropped by 13%, reaching £6,200,000. Bank borrowings have increased significantly, up 150%, to £260,000, and cash reserves have declined by 36%, sitting at £2,600,000. Creditors have also decreased by 40%, suggesting improved debt management. The company meets two of three criteria to be classified as a large company, with turnover exceeding £36 million, balance sheet total exceeding £18 million, and 37 employees. The accounts were audited by Bush & Co Limited.

These changes could be attributed to a number of factors, such as increased competition in the wholesale market or shifts in consumer spending habits. The decrease in cash reserves, in particular, warrants attention, although the company’s strong Google rating and active e-commerce presence suggest continued customer loyalty. It's likely that the company is reinvesting profits into expanding its product range or improving its online platform, which could be a positive sign for long-term growth.

Registered in England/Wales under the registration number 10559417, with a registered address at EX15 1BS, United Kingdom, Cullompton, Otterdene Ltd Saunders Way, Kingsmill Industrial Estate.

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