The Oat-so-good Company Ltd

The Oat-so-good Company Ltd from Swansea, UK, is a small, active company founded 18 years ago. It employs four people and holds £262,504 in assets. With three directors and a solo founder at the helm, the company operates from a real address and maintains a 3.0 Google rating based on three reviews. It’s a regular importer of plastics and plastic products, with 14 months of import activity recorded, the last in January 2025.

The company specializes in the manufacture of breakfast cereals and cereals-based food industries. It’s a small business, meeting two of three criteria for a small company: turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. While the company website isn't available, the business seems to focus on production rather than direct sales.

Financially, The Oat-so-good Company Ltd presents a mixed picture. Current assets have increased by a whopping 220%, jumping to £260,000, while net assets decreased by 18% to -£110,000. Bank borrowings have surged by 150%, reaching £220,000, and cash reserves have dropped 30% to £900. Creditors have also increased, jumping 17% to £190,000. The company's small size allows it to remain agile, but the decline in equity raises some questions. With no auditor mentioned (likely exempt as a small company), the figures are based on unaudited statements.

It seems like the company is struggling to stay afloat, but it’s still operating. The increase in creditors and the decrease in cash reserves suggest it’s relying on short-term financing to keep going. It’s possible that the company is facing increased costs or decreased sales, but it’s also possible that it’s simply reinvesting in its business to grow.

Registered in England/Wales under the registration number 06130736, with a registered address at SA4 9WG, Swansea, Llwyn Y Craig, Garngoch Ind, Estate, Gorseinon.

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