Oba London Ltd

Oba London Ltd is a small, family-run company based in London, UK, with an active trading status. Founded six years ago in 2019, it employs just two people and holds £10,243 in assets. The company operates from a virtual address—shared by 706 other companies—and is led by two directors and owners, Turan Evrim and Turan Ferudun. It’s a tight-knit operation, with a focus on irregular imports of furniture, lighting, and prefabricated buildings, though the last import occurred over two years ago in March 2022.

Beyond imports, Oba London Ltd operates in the unlicensed restaurants and cafes, event catering activities, and other food services industries. The company’s website highlights its catering services, chef training, and even offers custom quotes—a testament to its focus on providing food-related services. It’s clear they're aiming to provide a personalized experience for clients, with a focus on quality and customer satisfaction.

Financially, Oba London Ltd presents a mixed picture. Current assets have seen a significant jump, increasing by 120% to £10,000, which is good news. However, net assets have decreased by 18%, falling to £4,500. Bank borrowings have also seen a decline, dropping 31% to £5,100. Interestingly, creditors have fallen by 41%, suggesting improved debt management. Cash bank on hand, however, has skyrocketed by 450%, reaching £6,800—a welcome boost. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the equity drop warrants attention. No auditor is mentioned, as the company is exempt as a small company, so the figures are unaudited.

Overall, Oba London Ltd seems to be navigating some financial turbulence. While current assets are up, the decline in equity suggests the company may be burning through money. It’s possible that the company is investing heavily in its catering services or chef training, but it’s important to monitor its financial performance closely.

Registered in England/Wales under the registration number 11945663, with a registered address at N15 5EA, England, London, 151 West Green Road.

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