Olab Ltd

Olab Ltd is a small, active company based in Middlesex, UK, established 22 years ago in 2002. It’s a solo-founded operation with one director and owner, Hussein Mohammed, and holds £43,434 in assets. The company operates from a real address in Wembley and regularly imports optical and medical tools and devices—the latest import occurred in February 2025. While officially listed as operating in "other service activities n.e.c.," its website reveals a more specialized focus.

Olab Ltd’s website, OLAB HK Limited, presents a different picture entirely. It’s a sports technology company integrating industry, academia, and research, specializing in sports biomechanics. The company offers gait analysis, 3D-printed insoles, performance testing, and even develops sporting goods. It operates from Hong Kong with branch offices in Beijing and Xiamen, collaborating with nearly 30 universities and research institutes globally. The company’s vision is to create a healthier, more active future through sports biomechanics, offering biomechanics-based solutions for individuals and organizations. The site also features a "want to make an appointment?" section, suggesting a direct-to-consumer service alongside its research and development work.

Financially, Olab Ltd’s recent performance shows some concerning trends. Cash bank on hand dropped by 23% to £21,000, and current assets declined by 14% to £43,000. Debtors have also decreased significantly, falling 27% to £7,800. On the positive side, creditors decreased by 24% to £2,900, indicating improved debt management. Equity has also fallen by 14% to £43,000. The company's small size (meeting two of three conditions for a small company) helps it stay nimble, but the decrease in cash reserves and equity raise questions. The accounts are unaudited and exempt, and there is no auditor mentioned.

Overall, Olab Ltd appears to be navigating a period of financial pressure. While its sports technology services seem promising, the company needs to address the decline in cash reserves and equity to ensure long-term sustainability.

Registered in England/Wales under the registration number 04502909, with a registered address at HA9 7LT, Middlesex, 130 Llanover Road, Wembley.

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