Olympia Triumph Manufacturing Limited

Olympia Triumph Manufacturing Ltd from Wareham UK: a small, active company founded 34 years ago, employs five people, and holds £1,612,342 in assets. It’s a family business with five directors and two owners, operating from a real address. The company regularly imports machinery, boilers, and mechanical appliances—parts for eight months—and exports iron or steel products for a substantial 72 months.

The company’s operations seem to center around manufacturing and retail, although a detailed website is not available to fully understand its activities. It operates in the other manufacturing and retail industries. The business is small, meeting two of three conditions for classification: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Looking at the financial data, there's a mixed picture. Depreciation on plant and machinery increased slightly, while future minimum lease payments jumped significantly—over 4,000%. Cash bank holdings grew by a substantial 99%, a positive sign, but net assets still declined by 22%. Trade debtors have increased by 64%, which could be a cause for concern, while creditors have decreased by a significant 91%. The company’s bank borrowings have increased by 85%, and taxation social security payable has increased by 290%.

The company's average number of employees increased by 20%, suggesting growth, although this is not reflected in the overall financial picture. The company is not audited, so the figures are unaudited. It’s clear the company is facing some financial pressure, but its long history of imports and exports, combined with its family-run structure, suggests resilience.

Registered in England/Wales under the registration number 02510133, with a registered address at BH20 4SP, Wareham, Dorset, 15 Westminster Road.

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