Octopur Ltd

Octopur Ltd is a small, active company based in London, UK, founded five years ago in January 2020. It’s a solo founder operation with one director and one owner, Erdal Onur, and employs just one person. The company holds £16,113 in assets, but its registered address is likely virtual, as fifty-six other companies share the same location.

Octopur Ltd operates in a diverse range of industries, including non-specialised wholesale trade, retail via mail order houses or via internet, management consultancy, and specialised design activities. It’s a small company, meeting two of the three criteria: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company’s website, Octopus Energy Generation, focuses on renewable energy investment and management. It manages a global portfolio of assets, including solar and wind projects, and even has a Fan Club promoting localised renewable energy solutions. The company is investing heavily in hydrogen plants and offering innovative schemes like wind turbine installations for households.

Financially, Octopur Ltd has experienced some significant shifts. While cash bank on hand increased by 85% to £5,700, current assets jumped a whopping 320% to £16,000. However, creditors also surged by 320% to £16,000, and net assets increased by 240% to £340. Bank borrowings have also increased. Debtors increased dramatically, by 1300%, to £10,000. The company’s small size and lack of an auditor (likely exempt as a small company) mean the figures are unaudited.

The company’s growth in assets and debtors, alongside increasing creditors, suggests a period of expansion, but also potential cash flow pressures. The focus on renewable energy investment, while promising, may require substantial upfront investment.

Registered in England/Wales under the registration number 12397979, with a registered address at N15 5EA, United Kingdom, London, England, 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.