Outsource International Limited

Outsource International Ltd from Newbury UK: a small holding company with an active status, was founded 22 years ago in 2003. Employing 18 people and holding £1,809,692 in assets, it operates from a real address shared by only one other company. Five directors and one owner guide the business, which has a respectable Google rating of 4.0 based on a single review. It’s an irregular importer, having imported none for two months, with its last import operation dating back to 2017.

The company's website, while not providing detailed product information, indicates it operates in the IT support and services sector. It's a small company, meeting two of the three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. It’s a tight-knit operation, and the company is clearly focused on providing IT solutions.

Financially, Outsource International Ltd shows a mixed picture. Current assets have increased by 20% to £1,800,000, while net assets have decreased by 3.9% to £390,000. Bank borrowings have dramatically decreased by 75%, falling to £21,000, and cash reserves have also fallen by 1.7% to £700,000. Creditors have increased by 30% to £1,400,000, and trade debtors have risen by 43% to £1,100,000. The company’s financial commitments have fallen by 85%, suggesting a reduction in planned investments. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Despite the fluctuating numbers, the company appears to be managing its finances reasonably well. The decrease in bank borrowings is a positive sign, and the increase in current assets suggests a healthy level of activity. However, the rise in creditors and trade debtors warrants closer monitoring. The company’s small size and lean structure likely contribute to its agility, but the need to maintain a strong financial footing remains crucial for long-term success.

Registered in England/Wales under the registration number 04748637, with a registered address at RG14 1JQ, England, Newbury, Berkshire, St Anne's House Oxford Square, 9-21 Oxford Street.

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