Oleonix Limited

Oleonix Limited, based in Waterlooville, UK, is a small, active company established 44 years ago in 1980. With five employees and £255,515 in assets, it’s a long-standing business led by two directors and a solo founder, Millar Sean Jason. The company is a regular importer of aluminum and aluminum products, with recent activity recorded as of January 2025. It has a real address, registered as PO8 9JU, England.

The company’s website highlights its unique cleaning solution, Oleonix, which promises to cut cleaning time and costs in half. It works across various industry sectors, offering innovative cleaning products designed to simply and safely clean virtually every surface. The website details a process called “Micriolysis,” which penetrates and removes embedded dirt, resulting in a super clean surface that remains cleaner for longer. Oleonix also offers a disinfectant cleaner that kills 99.9% of known bacteria and viruses. The website also features a domestic range of products available for purchase online.

Financially, Oleonix Limited shows some concerning trends. Accumulated depreciation has increased by 13%, and the average number of employees has decreased by 20%. Bank borrowings have drastically reduced, dropping 77%, but cash reserves have plummeted 98%, leaving just £790. Creditors have also decreased, but the most worrying sign is a 240% decrease in net current assets. While the company’s small size (meeting two of three conditions for a small company) allows for agility, the sharp decline in cash and the negative net assets suggest potential financial pressures. The company’s accounts are unaudited, as is typical for small entities.

Overall, Oleonix Limited appears to be facing challenges despite its long history and innovative product. Whether the company can maintain its position in the market remains to be seen, but the financial data indicates a need for careful management and a focus on improving cash flow.

Registered in England/Wales under the registration number 01507249, with a registered address at PO8 9JU, England, Waterlooville, B4 Hazelton Interchange Lakesmere Road, Horndean.

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