Olmium Limited

Olmium Limited is a small, active company based in Coventry, UK, founded four years ago in 2021. It’s a solo-founded operation with a single director and owner, Kuklovska Lenka, and holds £13,893 in assets. While it operates from a registered address, this address is likely virtual, as 927 other companies are also registered there. Olmium Limited runs an e-commerce site and boasts a stellar 5.0 Google rating from 18 reviews. The company’s activities include agents involved in the sale of a variety of goods, retail sales via mail order and internet, specialist photography, and artistic creation.

The company’s website, Embroidery Fashion by Olmium, focuses on personalized embroidery products. It offers a wide range of items, including women’s, men’s, and children’s clothing, gifts for pets, home accessories, and workwear—all customizable with embroidery. The site emphasizes free delivery, 14-day returns, and secure payments. New products, like an embroidered bunny floral T-shirt and personalized children's aprons, are regularly added to keep the selection fresh.

Financially, Olmium Limited presents a mixed picture. Cash bank on hand has decreased significantly, falling 55% to £11,000. Current assets have also declined by 42% to £14,000. However, trade debtors have surged by 240%, reaching £3,400, which could indicate increased sales or extended credit terms. Equity has taken a substantial hit, plummeting 940% to -£7,600. Loans from directors have increased by 140% to £20,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

Overall, Olmium Limited seems to be navigating a challenging financial period. The surge in trade debtors suggests increased sales, but the significant decline in equity and cash reserves indicates potential strain. While the e-commerce site appears well-managed and popular, the company’s financial health warrants close monitoring.

Registered in England/Wales under the registration number 13177827, with a registered address at CV1 2NT, England, Coventry, Union House, 111 New Union Street.

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