Olfasense Uk Ltd

Olfasense UK Ltd, based in Bristol, UK, is a small holding company with an active status, having been incorporated 31 years ago in February 1994. Employing 46 people, the company holds assets worth £867,606. It operates from a real address, has three directors, and is owned by Olfasense Holding Bv. The company irregularly imports optical and medical tools and devices (two months of imports, latest in July 2024) and exports machinery, boilers, and mechanical appliances (one month of exports, latest in June 2021).

The company’s website details a range of services centered around odour management and analysis. It’s clear Olfasense UK Ltd offers consultancy, laboratory services, product testing, and equipment sales, catering to both environmental and consumer product sectors. They even offer odour training and proficiency testing. The website showcases a global reach, with clients worldwide, and highlights expertise in areas like odour dispersion modelling and environmental monitoring. It’s clear they are a specialist in their field.

Financially, Olfasense UK Ltd presents a mixed picture. While cash reserves increased by 9.9% to £280,000, net assets decreased slightly by 2.4% to £650,000. Creditors jumped significantly by 57% to £310,000, and trade debtors rose by 15% to £420,000. A notable increase in other creditors (27%) suggests potential short-term financial pressures. The company's size—meeting two of three criteria for being small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees)—allows for flexibility, but the rise in liabilities could be a cause for concern. Deferred tax expense credit decreased dramatically, which may reflect changes in tax planning strategies. The company is exempt from audit, so the figures are unaudited.

The company's irregular import and export activity suggests a business that isn’t solely reliant on international trade, but rather focuses on specialized services and bespoke solutions. The growth in liabilities, however, warrants further scrutiny, and it’s possible the company is investing heavily in expansion or new technologies.

Registered in England/Wales under the registration number 02900894, with a registered address at BS15 1NT, England, Bristol, Unit 6 & 7 Anglo Office Park.

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