Oxford Mestar Limited

Oxford Mestar Limited, based in Thame, UK, is a small, active company founded 11 years ago. With eight employees and £408,146 in assets, it operates from a virtual address shared by 45 other companies, managed by three directors and three owners. The company regularly imports plastics and plastic products, with its last import operation recorded in December 2021.

Oxford Mestar’s website reveals a focus on biotechnology research and experimental development. It’s a private limited company with a registered address in Oxfordshire and a secondary venture involving the import of plastic products. The company’s website highlights its expertise in biotechnology, but the link between this research and the plastic import business isn’t immediately clear.

Financially, Oxford Mestar’s report paints a mixed picture. Current assets have decreased by 43% to £410,000, while net assets have fallen by 53% to £340,000. Bank borrowings have increased significantly, jumping by a whopping 2,400% to £81,000, and cash reserves have dropped 47% to £310,000. On a positive note, creditors have decreased by 400%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity raises concerns. No auditor is mentioned, likely due to its status as a small company, meaning the figures are unaudited.

Overall, Oxford Mestar appears to be navigating a period of financial pressure, despite its focus on a potentially lucrative biotechnology sector. The increase in bank borrowings suggests a need for capital, and the declining equity raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 08751331, with a registered address at OX9 3EZ, Thame, Oxfordshire, 30 Upper High Street.

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