Ogi Fuels Ltd

Ogi Fuels Ltd, based in London, UK, is a small, active company established twenty years ago in 2004. With just two employees and £962,108 in assets, it operates from a virtual address—a fact underscored by the presence of 8,902 other companies registered at the same location. The company is managed by two directors and has one owner, Fisher Andrew Noel. It regularly imports wood and wood products, with 117 months of import activity recorded, most recently in February 2025. Export activity is much less frequent, with just one month of exports recorded back in May 2022.

The company's website, greenolivefirewood.co.uk, showcases a diverse range of products catering to home heating, cooking, and outdoor entertaining. It’s primarily an e-commerce business, selling kiln-dried logs, charcoal, smoking woods, firelighters, and compost—all emphasizing natural, ethical, and sustainable sourcing. The site also features a blog with hints and tips for using firewood and charcoal, demonstrating a commitment to customer education. There’s a clear focus on quality and flavour, with specialized smoking woods catering to BBQ enthusiasts and professional chefs.

Financially, Ogi Fuels Ltd shows a mixed picture. Accumulated depreciation on property, plant, and equipment increased by 26% overall, with significant increases in computer equipment (26%) and leasehold improvements (60%). However, cash reserves have declined sharply, falling 73% to just £2,900. Bank borrowings have surged by 65%, reaching £240,000, indicating increased reliance on debt financing. Creditors have also increased, suggesting potential challenges in managing short-term liabilities. Despite these pressures, the company’s net assets remain positive, although down 71% to £90,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the increased debt and decreased cash raise questions about its long-term sustainability. The unaudited financial statements, overseen by Carpenter Box, rely on director-reported data. Overall, Ogi Fuels Ltd appears to be navigating a period of transition, balancing growth with financial pressures.

Registered in England/Wales under the registration number 05255340, with a registered address at WC2A 2JR, England, London, 7 Bell Yard.

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