OMEGA NORTH EAST LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -2.3%

  £7,241,742 → £7,077,435

  lowest in 3 filed years

• Cash

  -11.8%

  £113,614 → £100,161

• Net assets

  -14%

  £2,164,611 → £1,862,613

  lowest in 4 filed years

• Employees

  -4.3%

  93 → 89

• Operating profit

  +53.9%

  -£306,294 → -£141,192

• Profit before tax

  +46.7%

  -£358,676 → -£191,209

• Wages

  -11.1%

  £3,337,097 → £2,965,395

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. OMEGA NORTH EAST LIMITED 2006-03-28 → present
2. VIRDEV EUROPE LIMITED 2000-10-09 → 2006-03-28
3. EXPRESS PRODUCT DEVELOPMENT LIMITED 1996-12-24 → 2000-10-09

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The company meets its day to day working capital requirements via cash generated from operations along with external borrowings. The company's forecasts and projections for the next 12 months show that the company should be able to continue in operational existence for that period, taking into account reasonable possible changes in trading performance and the timing of cash flows.”

Significant events

• “Disruption seen in the automotive sector throughout FY25 has impacted operational performance. Order cancellations, extended OEM shutdown periods, and halts to customer production, has resulted in operational challenges and inefficiencies.”
• “UK Tooling sales fell, from £2,611.200 in FY24 to £2,077,344 in FY25, a 20.4% decrease.”
• “During FY25 Omega Plastics faced unprecedented challenges on costs and the cost of execution. Material prices rose year on year, alongside a further increase to the national minimum wage.”
• “Headcount reduced year on year.”
• “The reported EBITDA for FY25 was £232,417 vs. £250,715.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.