Olson And Baker Ltd.

Olson And Baker Ltd from Sheffield UK: a small, active company founded nine years ago, employs four people, and holds £126,974 in assets. It’s a real address with two directors and two owners, and runs an e-commerce site. The company regularly imports and exports furniture, lighting, and prefabricated buildings—135 months of imports and 10 months of exports, with the last export operation taking place in September 2024.

The company operates in the retail sale via mail order houses or via internet industries, offering a wide range of designer furniture, lighting, and accessories. Its website showcases a curated selection of brands like Case, Ethnicraft, and Gazzda, with a focus on contemporary and classic designs. They even have an outlet section with up to 50% off, and a dedicated sofa bed collection. The website really gives a good impression of a well-stocked and stylish retailer.

Financially, Olson And Baker Ltd shows a mixed bag. Current assets have decreased by 27% to £130,000, while net assets have dropped significantly by 1200% to £120. Bank borrowings have remained steady at £10,000, but cash reserves have fallen by 28% to £43,000. Creditors have also decreased by 25%, which is a positive sign. The company meets two of the three conditions to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor, which is typical for small companies.

It appears that while the company is still operating, it's facing some financial pressures. The decline in net assets is particularly concerning, and it’s possible that the company is burning through cash. However, the decrease in creditors suggests that the company is managing its debt effectively. It’s difficult to say exactly what’s going on without more information, but it’s clear that Olson And Baker Ltd is at a critical juncture.

Registered in England/Wales under the registration number 09781027, with a registered address at S2 3AQ, England, Sheffield, Sum Studios, 1 Hartley Street.

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