Olew Limited
- Small
- Active
- 6 years
- 1 employee
- £86,578 (assets)
- Real address
- 1 director
- 2 owners
- Irregular exporter
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Olew Limited, based in Llanybydder, UK, is a small, active company established six years ago. With just one employee and £86,578 in assets, it operates from a real address at Victory Hall, Llanybydder. The business is owned by Green Bruce Philip and Davies Farn Elinor, and managed by Davies Farn Elinor as the sole director. It runs an e-commerce site, and occasionally exports essential oils and perfumes, with its last export operation occurring a while ago in February 2022.
The Olew website showcases a collection of hair care products, emphasizing natural curls and Welsh heritage. The site highlights the founder's personal journey embracing her curls and creating formulas with high-quality ingredients. It's a brand that seems to be built on authenticity and empowerment, with a focus on British craftsmanship. The website also features a blog with helpful content about curly hair care.
Financially, Olew Limited’s recent reports present a mixed picture. Creditors have increased significantly, rising by 130% within the last year to £33,000, while cash reserves have decreased by 10% to £55,000. Bank borrowings have also decreased, falling by 46% to £1,500. Despite this, trade debtors have increased by a modest 4.8%. The company’s small size – meeting two of three criteria for a small company – helps with agility, but the increase in creditors suggests a need for careful cashflow management. No auditor is mentioned, which is common for small, exempt companies. The company’s net assets have also decreased by 16% to £54,000.
Registered in England/Wales under the registration number 11379226, with a registered address at SA40 9TX, Wales, Llanybydder, Carmarthenshire, 1 Victory Hall, Llanybydder.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Green Bruce Philip
- 6 years
- 5
- 25%+
-
Resident of United Kingdom
-
Individual
- Davies Farn Elinor
- 6 years
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- Davies Farn Elinor
- 6 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Total exemption full accounts made up to 2024-05-31Download 9 pages pdf report
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Confirmation statement made on 2024-07-24 with no updatesDownload 3 pages pdf report
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Registered office address changed from C/O Wynne & Co Forestry House Brewery Road Carmarthen Carmarthenshire SA31 1TF Wales to 1 Victory Hall Llanybydder Llanybydder Carmarthenshire SA40 9TX on 2024-02-26Download 1 page pdf report
Exporter profile by HS codes
Last exported products
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FAQ about Olew Limited
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