Oludeniz Ltd

Oludeniz Ltd from Slough UK is a small, active company founded eight years ago. With just one employee and £4,738 in assets, it operates from a virtual address, managed by two directors and a solo founder. The company’s core business revolves around retail sales via mail order and the internet, catering to tourists seeking activities, hotels, and villas in the popular Turkish resort of Oludeniz.

The company’s website, Oludeniz.com, acts as a comprehensive travel portal, showcasing a wide array of services including diving, horse riding, water park access, jeep safaris, boat trips, parasailing, and even Rhodes ferry excursions. It also features a directory of hotels, villas, restaurants, and beaches, alongside yacht charter and wedding services. The site’s extensive content, including a live webcam of Oludeniz Beach, aims to attract visitors and facilitate bookings. The website also highlights Easy Gulets, a partner company specializing in yacht charter services, emphasizing comfort and personalized experiences.

Financially, Oludeniz Ltd presents a mixed picture. Current assets have drastically decreased by 91%, dropping to just £4,700. Net assets have also declined significantly, falling 4.6% to -£110,000. Bank borrowings have seen a substantial decrease of 22%, reaching £17,000, while cash reserves have fallen 12% to £4,700. Creditors have remained stable at £110,000, and trade creditors have seen a dramatic decrease. The company’s small size—meeting two out of three conditions for a small company—allows for agility, but the sharp decline in equity raises concerns. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

The company’s reliance on a virtual address, with ninety-two companies registered at the same location, suggests a cost-saving strategy but also raises questions about the legitimacy of its operations. While the website appears active and well-maintained, the financial data indicates that Oludeniz Ltd is facing challenges—likely a result of the tourism industry’s fluctuations and the costs of maintaining an online presence.

Registered in England/Wales under the registration number 10507427, with a registered address at SL3 7AB, England, Slough, 20 Langley Road.

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