Olympus International Limited

Olympus International Ltd, based in Crewe, UK, is a small holding company with an active status, established fifteen years ago. The company employs 23 people and holds assets worth £3,551,681. With two directors and one owner, Olympus International operates from a real address and has a long history of importing and exporting electrical machinery and equipment, with 248 months of import activity and 183 months of export activity.

The company’s website describes Olympus International as a UK-based independent mobile phone distributor supplying new, refurbished, graded, and used mobile phones worldwide. They offer a range of services, including refurbishment, configuration, and distribution, and operate from a business park in Crewe. Contact details are provided, including a phone number, fax number, and email address. The website also lists VAT registration details and company number.

Financially, Olympus International’s figures show some concerning trends. Current assets decreased by 21%, falling to £3.6 million, while net assets remained steady at £1.9 million. Bank borrowings increased by 14%, reaching £130,000, while cash reserves plummeted 94%, leaving just £19,000. Creditors decreased by 15%, suggesting better debt management, but the sharp drop in cash reserves is a notable issue. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in cash needs to be addressed. No auditor is mentioned, likely due to the company’s exemption as a small entity, meaning the figures are unaudited.

Overall, Olympus International Ltd appears to be facing some financial headwinds. While the company’s core business of mobile phone distribution seems to be operating, the declining cash reserves and increased borrowings warrant close monitoring.

Registered in England/Wales under the registration number 06914089, with a registered address at CW1 6BG, Crewe, Cheshire, Unit B8 First Business Park, First Avenue.

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