Olarra Uk Limited

Olarra Uk Ltd, based in Kidderminster, UK, is a medium-sized holding company with an active status, having operated for 44 years. The company holds £15,471,560 in assets and generates £19,555,389 in yearly revenue, with a real address and seven directors overseeing operations. Two owners, though this list isn't exhaustive, manage the business, which currently has a 2.0 Google rating based on 16 reviews. The company regularly imports and exports iron and steel, with 325 months of import activity and 130 months of export activity recorded.

The company’s website, while not providing specific e-commerce details, suggests a focus on wholesale metal distribution, particularly stainless steel bar. It's a business built on family ownership and British craftsmanship.

Financially, Olarra Uk Ltd shows some concerning trends. While cash and cash equivalents remained stable, bank borrowings increased by a significant 120%, reaching £2,000,000. Net assets decreased by 10%, dropping to £6,300,000. Creditors also rose by 13%, reaching £9,100,000. Despite these challenges, the company’s small size (meeting two of three criteria for a medium company) allows for agility. The lack of an auditor mentioned likely means the accounts are unaudited.

The company’s continued import and export activity suggests a stable demand for its products, but the rising debts could be a cause for concern. It’s possible that increased borrowing was used to expand operations or manage short-term cash flow issues, but it’s also possible that the company is facing increased competition or changing market conditions. The company's focus on stainless steel, a premium metal, could be a strength, but it also makes it vulnerable to fluctuations in global metal prices.

Registered in England/Wales under the registration number 01556181, with a registered address at DY14 9BD, England, Kidderminster, Forest Park, Cleobury Mortimer.

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