Oztim Ltd

Oztim Ltd, based in Loughton, UK, is a small, active company founded six years ago. With a single employee and £44,560 in assets, it’s a solo founder operation led by one director and owner. Boasting a perfect 5.0 Google rating from three reviews, the company operates from a real address and demonstrates a strong online presence.

The business specializes in plumbing, heat and air-conditioning installation, alongside wholesale and retail of hardware and plumbing equipment. It also offers services like mail order and internet sales, and engages in other service activities. The company’s website is primarily Instagram, suggesting a focus on visual marketing and customer engagement.

Financially, Oztim Ltd shows a mixed picture. Cash reserves have jumped a significant 170% to £40,000, a positive sign of improved liquidity. However, net assets have increased by 140% to £17,000, while bank borrowings decreased by 28% to £4,000. Creditors have also risen considerably, increasing by 160% to £37,000, and other creditors have increased by 170% to £13,000. The company’s small size (meeting two of three conditions for being classified as small) helps it remain flexible, but the rise in creditors could indicate a need for careful cash flow management. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Oztim Ltd seems to be growing, but it’s important to monitor its debt levels and ensure sustainable financial practices. The company’s strong Google rating suggests good customer satisfaction, which is a valuable asset in a competitive market.

Registered in England/Wales under the registration number 11697582, with a registered address at IG10 3PR, England, Loughton, 30 Honeycroft.

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