Olya Ltd
- Small
- Active
- 7 years
- 33 employees
- £585 (assets)
- Real address
- 1 director
- 1 owner
- Irregular importer
- Solo founder
- Rating 5.0 (1154)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Olya Ltd from London UK: a small, active company founded seven years ago, employs 33 people, and holds £585 in assets. It’s a solo-founded operation with one director and a 5.0 Google rating from 1154 reviews. The company is an irregular importer of electrical machinery and equipment, with just two months of import activity recorded.
The company operates in a variety of sectors, including construction, railway projects, and educational support services. Its website, Olya Group, highlights its services and contact information. It seems to be a small business focused on academic support, with a tagline "Never Too Late."
Financially, Olya Ltd presents a mixed picture. While the company is small, meeting two of three criteria (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its financial health is concerning. Current assets have plummeted 87% to just £580, and net assets have decreased by 47% to -£350,000. Cash reserves have also fallen dramatically, dropping 87% to £580. Creditors have increased significantly, rising 94% to £190,000. The number of employees has also decreased by 27% to 24. The company’s property, plant, and equipment have increased by 630%, however, this is offset by a large increase in bank borrowings. No auditor is mentioned, as the company is likely exempt.
These numbers suggest Olya Ltd is burning through cash. The decrease in assets and cash reserves, combined with the increase in creditors, points to financial strain. The decrease in employees might be a cost-cutting measure, or a reflection of changing business needs. While the company’s Google rating is excellent, its financial situation warrants close monitoring.
Registered in England/Wales under the registration number 11300410, with a registered address at E4 9HH, England, London, Office 10 500 Larkshall Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 7 years
- 3
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 7 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Unaudited abridged accounts made up to 2024-04-30Download 10 pages pdf report
-
Confirmation statement made on 2025-01-19 with no updatesDownload 3 pages pdf report
-
Change of details for Mr Ilie-Marius Spataru as a person with significant control on 2025-01-13Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Olya Ltd
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