Olivia Morgan Ltd
- Small
- Active
- 8 years
- 2 employees
- £26,104 (assets)
- Virtual address
- 1 director
- 1 owner
- Solo founder
- 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
Olivia Morgan Ltd is a small, active company based in Newbury, UK, founded eight years ago in 2016. It’s a solo-founded operation with two employees and £26,104 in assets, operating from a virtual address shared by many other companies. The company, led by a single director and owner, Brooks Marlies Olivia, runs an e-commerce site selling a variety of gifts and home décor items, from candles and notebooks to personalized plant pots and wedding stationery. The website highlights a focus on small-batch, designed-and-printed items nestled in the Wiltshire countryside.
The site’s design and product range suggest a focus on unique, personalized gifts for various occasions—Christmas, Father’s Day, weddings, and more. It’s clear that Olivia Morgan Ltd aims to cater to customers seeking thoughtful, handcrafted items, with a strong emphasis on personalization. The site even has a blog with helpful gift guides and ideas.
Financially, Olivia Morgan Ltd presents a mixed picture. Current assets have fallen by 11% to £26,000, while net assets have declined by 27% to £18,000. Cash reserves have also dropped by 31%, down to £8,000. Interestingly, debtors have increased by 8%, suggesting that customers are taking longer to pay. On the positive side, creditors have remained stable. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in equity raises questions about its financial health. The accounts are unaudited, and no auditor is mentioned, which is typical for a small company.
Overall, Olivia Morgan Ltd appears to be a small business facing typical startup challenges. While the e-commerce site shows promise and a clear brand identity, the financials suggest it’s burning through cash and needs to focus on improving profitability.
Registered in England/Wales under the registration number 10389298, with a registered address at RG14 1DY, England, Newbury, Berkshire, 2 Toomers Wharf, Canal Walk.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 75%+
- 🇬🇧
Resident of United Kingdom
Managers
-
Individual
- 8 years
- 🇬🇧
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
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Total exemption full accounts made up to 2024-03-31Download 8 pages pdf report
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Confirmation statement made on 2024-09-21 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-03-31Download 8 pages pdf report
FAQ about Olivia Morgan Ltd
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