Odolls Collection Limited

Odolls Collection Ltd, a small, active company based in Manchester, UK, was founded five years ago in 2019. The company, with two employees and £122,199 in assets, operates a real address and is led by one director and owner. It’s an e-commerce site specializing in the import of clothing and accessories made by knitting or crocheting, having imported for 144 months, with the last import operation in July 2022.

The company’s website showcases a wide range of women's fashion items, from dresses and hoodies to swimwear and trousers. It offers various payment options, including Klarna Pay Later, and ships internationally. The site’s navigation is straightforward, with clear categories and a search function. It’s a fairly standard e-commerce setup.

However, Odolls Collection Ltd’s financial health is concerning. Accumulated depreciation on plant and machinery has increased significantly by 68%, and bank borrowings have decreased by 11%, but cash reserves have plummeted by a staggering 92% to just £2,000. Creditors have also decreased by 1.7%, but the most alarming trend is the massive drop in equity, which has increased by 540% to -£240,000. Current assets have also fallen by 62% to £120,000. These figures suggest the company is burning through cash. While it meets the criteria to be a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the negative equity is a red flag. The lack of an auditor mentioned, likely due to its small size, means the financials are unaudited. The company's director list was changed two months ago, which could be a positive sign of restructuring, but the financial data paints a picture of a business struggling to stay afloat.

Registered in England/Wales under the registration number 12189315, with a registered address at M12 6FZ, England, Manchester, 4 The Mews, Charlton House, Ardwick Green North.

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