Olra Activewear Ltd

Olra Activewear Ltd is a small, active company based in Salisbury, UK, founded three years ago in 2022. With £57,612 in assets and a real registered address, it's a solo-founded operation run by a single director and owner, Charlotte Holstead. The business operates an e-commerce site specializing in high-quality fitness clothing, marketed as "Made to Move."

The website, Olra Activewear, showcases a wide range of activewear, including crop tops, leggings, jumpsuits, and accessories, catering to pole and aerial fitness enthusiasts. The site also highlights a rewards program, events like the Olra Intensive Day, and collaborations with brands like Mountain Pole. Olra Activewear emphasizes premium materials, original designs, and a focus on movement, with a strong social media presence.

Financially, Olra Activewear Ltd presents a mixed picture. Current assets have increased by 30% to £58,000, while bank cash reserves dropped by 14% to £15,000. Trade debtors have surged by a whopping 960%, reaching £4,400, which could indicate a recent push for sales on credit or a delay in customer payments. Creditors have also risen by 60%, reaching £24,000, and equity has increased by 15% to £34,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the increase in debt could be a concern. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

Overall, Olra Activewear Ltd seems to be growing, but it’s also taking on more debt. Whether this is a sustainable strategy for a small e-commerce business remains to be seen.

Registered in England/Wales under the registration number 14048447, with a registered address at SP2 8NY, England, Salisbury, 7 Berkshire Road.

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