Overmould Ltd

Overmould Ltd, based in Leighton Buzzard, UK, is a small, active company founded nine years ago in 2016. With five employees and £1,307,855 in assets, it operates from a real address and is overseen by four directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances – parts, with 6 months of import activity recorded, and exports electrical machinery and equipment, with 10 months of export activity. It’s a manufacturer of other electrical equipment.

The company’s website highlights its expertise in low-pressure overmoulding, a process used to encapsulate electronics and create durable, high-performance products. It offers a range of services, including equipment supply, contract overmoulding, and tooling design, catering to industries like automotive, medical, and entertainment lighting. The site also promotes its partnerships with leading material suppliers like Henkel, and equipment providers like Moldman and Buhnen. It’s clear that Overmould Ltd is positioning itself as a specialist provider of overmoulding solutions.

Financially, Overmould Ltd shows a mixed picture. While cash reserves increased by a healthy 36% to £870,000, current assets also rose by 18% to £1,300,000, and debtors increased slightly, there are some concerning trends. Accumulated depreciation on motor vehicles grew by 70%, and total depreciation increased by 12%, suggesting aging equipment. Creditors jumped 43%, and other creditors rose by 30%, indicating increased short-term liabilities. Net assets grew by 15% to £1,100,000, but the company’s reliance on bank borrowings, which decreased by 79%, suggests it’s managing its debt carefully. The company’s small size (meeting two of three conditions for being a small company) allows for agility, but the rise in depreciation and creditors warrants attention. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Overmould Ltd appears to be a stable, albeit small, business navigating the challenges of growth. The company’s focus on specialized services and strong partnerships suggests a path to continued success, but careful management of its liabilities will be key.

Registered in England/Wales under the registration number 10000311, with a registered address at LU7 4RW, England, Leighton Buzzard, 4 Commerce Way.

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