Okapi Trading Ltd

Okapi Trading Ltd, based in Leigh, UK, is a small, family-run business with an active trading status. Founded six years ago in 2019, the company employs just one person and holds £11,114 in assets. It’s a tight-knit operation with two directors and two owners. The firm operates in the retail sale via mail order houses or via internet industries and is an irregular importer of electrical machinery and equipment, with the latest import activity recorded two months ago.

The company’s website, Okapi Energy Group, reveals a more expansive operation focused on delivering energy solutions for Africa. It describes itself as dedicated to bringing growth to local economies and fostering trade within African countries. The company’s expertise lies in oil trading, supply chain management, and strategic advisory services, partnering with world-leading energy merchants. The website also highlights Okapi Ventures, suggesting a broader investment portfolio. It seems the company has acquired Yara Marine Technologies, a Norwegian Green tech company, which is now part of the Okapi family.

Financially, Okapi Trading Ltd shows a concerning trend. Current assets have plummeted 64%, dropping to just £11,000, while net assets have sunk 170% to -£35,000. Cash reserves have also fallen 40% to £1,900. Borrowings have increased, and creditors are up slightly. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp decline in equity and cash reserves raises questions. The company is exempt from an audit, and the figures are unaudited.

While the energy sector focus suggests ambition and potential, the financial data paints a picture of a business burning through money. Whether the company can sustain its African operations and its broader ventures remains to be seen.

Registered in England/Wales under the registration number 11939921, with a registered address at WN7 2HL, England, Leigh, 10 Holdenbrook Close.

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