Ooodles Finance Ltd

Oodle Finance Ltd is a small holding company based in London, UK, with an active status. Founded just one year ago in June 2023, it employs 2023 people and holds £520,136 in assets. The company operates from a virtual address at W1C 1AY, England, London, 7 Stratford Place, and is managed by two directors and one owner.

Oodle Finance Ltd specializes in car finance, offering a streamlined application process and quick approvals. The website highlights a focus on simplicity and confidence, allowing customers to find out if they're preapproved in seconds without impacting their credit score. It emphasizes a fast application process, money in the account the next working day, and a wide selection of vehicles available for purchase. The company also provides a car finance calculator to help customers determine monthly payments. It's a modern e-commerce business, offering a range of services and products to its customers.

Financially, Oodle Finance Ltd presents a mixed picture. While the company’s current assets remain stable at £520,000, equity has decreased to -£98,000. Bank borrowings are substantial at £670,000, and cash reserves are steady at £430,000. Creditors are also significant at £1,000,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the negative equity is a cause for concern. The company is authorised and regulated by the Financial Conduct Authority (Reference Number 702459), and is a member of the Finance Leasing Association. No auditor is mentioned, likely due to its small size and exemption from audit.

Registered in England/Wales under the registration number 14941524, with a registered address at W1C 1AY, England, London, 7 Stratford Place.

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