Ozaroo Ltd

Ozaroo Ltd is a small, family-run business based in Antrim, Northern Ireland, with an active trading status. Founded fifteen years ago in 2010, the company employs eighteen people and holds £555,008 in assets. It operates from a real address within Kilbeg's Business Park and is led by two directors and two owners. The business is an e-commerce site with a stellar 5.0 Google rating from over 2,300 reviews. Ozaroo Ltd regularly exports miscellaneous manufactured goods, with its last export operation occurring seventeen months ago in August 2021.

The company’s website showcases a vast range of homeware, health and beauty products, garden supplies, DIY tools, and even baby and pet items. It's a one-stop-shop for consumers, with categories ranging from appliances and bedding to toys and PPE. The site emphasizes competitive pricing and a wide selection, suggesting a focus on volume sales and catering to diverse customer needs. It seems like a well-established online retailer with a broad product offering.

Financially, Ozaroo Ltd presents a mixed picture. Current assets have decreased by 50% to £560,000, while net assets have increased by a significant 72% to £4.1 million. Bank borrowings have increased by 34%, reaching £410,000, and cash reserves have decreased by 87% to £26,000. Creditors have decreased by 38%, suggesting better 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) helps it remain flexible, but the sharp decline in cash reserves raises some concerns. The accounts are abridged and unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Ozaroo Ltd appears to be a thriving e-commerce business, but the financial data indicates a potential need to manage cash flow more effectively. The company’s family ownership and strong online reputation suggest a solid foundation for continued success, but monitoring the cash reserves will be crucial.

Registered in Northern Ireland under the registration number NI601925, with a registered address at BT1 3BG, Northern Ireland, Belfast, 17 Clarendon Road.

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