Olro Print Finishers Limited

Olro Print Finishers Ltd from Romford UK: a small, active company established 18 years ago, employs 15 people, and holds £462,674 in assets. With a real address and two directors and owners, it boasts a respectable Google rating of 4.0 based on four reviews. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import operation occurring one months ago in November 2022.

The business operates as a commercial printer, offering a wide range of finishing services including lamination, spot UV, foil blocking, die cutting, embossing, and custom gluing. The website highlights the importance of print finishing in creating memorable sensory connections with customers, emphasizing the ability to stimulate the five senses and differentiate brands in a digital world. It’s clear Olro caters to businesses seeking to elevate their printed materials, with services ranging from auto assembly to hand finishing, and even offering bespoke solutions for complex projects. The site’s testimonials, like the one praising its confectionary gift box finishing, demonstrate a commitment to quality and fast turnaround times.

Financially, Olro Print Finishers Ltd presents a mixed picture. Current assets have increased by 8.4% to £460,000, while net assets have plummeted 97% to just £1,000—a significant drop. Bank borrowings have increased by 6.9% to £82,000, and cash reserves have vanished, falling 100% to just £14. Creditors have also increased by 35% to £730,000, suggesting a reliance on credit to manage operations. 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 remain agile, but the sharp equity decline raises concerns. There's no auditor mentioned, so the figures are unaudited.

The average number of employees has decreased by 13% to 13, which could be a result of streamlining operations or facing economic pressures. Overall, Olro Print Finishers Ltd appears to be navigating a challenging financial landscape, relying on its expertise in print finishing and customer relationships to sustain its business.

Registered in England/Wales under the registration number 06016336, with a registered address at RM6 5NF, United Kingdom, Romford, Essex, Unit 17 Hainault Works, Hainault Road.

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