Olivias Trains Ltd

Olivias Trains Ltd, based in Sheffield, UK, is a small, active company founded six years ago in 2018. With ten employees and £644,836 in assets, it operates from a virtual address, a common trait for smaller businesses. The company is led by two directors and two owners, with a solo founder at the helm, and runs an e-commerce site. It regularly imports and exports toys, games, and sports equipment—eight months of import activity and eleven months of export activity recorded.

The company's website showcases a wide range of model railway items, including Hornby, Accurascale, Bachmann, and Dapol products. It caters to enthusiasts with a variety of scales and gauges, offering everything from locomotives and coaches to track and scenery. The site also includes a section for pre-owned items and offers services like DCC chip sound fitting. It's clear that Olivias Trains Ltd is a specialist retailer serving a dedicated community.

Financially, Olivias Trains Ltd presents a mixed picture. Cash bank on hand dropped by 25% to £89,000, while current assets also fell by 25% to £640,000. Trade debtors decreased significantly, down 64% to £20,000, which could indicate improved collection efforts. However, retained earnings and accumulated losses plummeted 150% to -£21,000, a substantial decline. Creditors also decreased, down 14% to £690,000. The company’s small size—meeting two of three criteria for being a small company—helps it remain flexible. The accounts are unaudited, as is typical for companies of this size.

While the company's website suggests a thriving business, the financial data reveals some challenges. The significant drop in equity is a cause for concern, and the company will need to manage its cash flow carefully. It's clear that Olivias Trains Ltd is a small but dedicated player in the model railway market, but its long-term success will depend on its ability to navigate these financial pressures.

Registered in England/Wales under the registration number 11343700, with a registered address at S10 5BY, United Kingdom, Sheffield, South Yorkshire, B1 Redland Business Centre, 3-5 Tapton House Road.

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