Blue Label Group Ltd
- Small
- Active
- 2 years
- 1 employee
- Real address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Blue Label Group Ltd is a private limited company registered in England/Wales with the registration number 14382412. The company was founded two years ago on September 28, 2022, and registered at B69 1HA, United Kingdom, Oldbury, West Midlands, 47 Ascot Close. The address is probably real as only one company registered at the same address. Its status is active. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director, and one employee.
The company’s website reveals a much larger operation than its small size would suggest. Blue Label is a digital distribution company, specializing in prepaid products and the electronic distribution of virtual merchandise and value-added services. It has a wide range of products and services, including airtime, electricity vouchers, tickets, and mobile devices, all distributed through an extensive network. The site highlights partnerships with major retailers and utilities, and even mentions a Trust Blu Foundation dedicated to reducing unemployment and inequality in South Africa. It’s a complex business model, blending technology, distribution, and social responsibility. The website also mentions a JSE listing since 2007, which is a significant detail.
Financially, Blue Label Group Ltd shows a picture of a stable, but not particularly robust, business. While net assets remain at £10, the company’s cash bank on hand is zero. Creditors, both within and after one year, are also zero. The company’s net current assets and liabilities are also zero. It’s a small business, meeting two of three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are abridged and unaudited, and the company is exempt from an audit under the Companies Act. There's no mention of an auditor. The fact that the company has taken exemption from publishing its own profit and loss account is also notable. The director signing the financial statements is Daniel Obi.
Registered in England/Wales under the registration number 14382412, with a registered address at B69 1HA, United Kingdom, Oldbury, West Midlands, 47 Ascot Close.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Obi Daniel Olisaeloka
- 2 years
- 3
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Obi Daniel Olisaeloka
- 2 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Confirmation statement made on 2024-09-27 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2023-09-30Download 7 pages pdf report
-
Confirmation statement made on 2023-09-27 with no updatesDownload 3 pages pdf report
FAQ about Blue Label Group Ltd
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