Ooodles Uk Limited

Ooodles Uk Limited is a small, holding company based in London, UK, with an active status. Founded two years ago in May 2022, the company employs nineteen people and holds £530,066 in assets. It operates from a virtual address, registered at 7 Stratford Place, and is led by one director and one owner. Google users have given it a perfect rating of 5.0 based on two reviews.

Ooodles Uk Limited functions as an all-in-one IT procurement platform, offering businesses the ability to buy or lease laptops, desktops, monitors, and tablets for both office and remote workers. The company’s website highlights its ability to cater to a wide range of IT needs, positioning itself as a convenient solution for modern workplaces. It seems to be operating in the retail sale via mail order houses or via internet, other information technology service activities, and activities of distribution holding companies industries.

Financially, Ooodles Uk Limited’s recent performance presents a mixed picture. While cash bank on hand increased by a significant 180% to £99,000, current assets also saw a substantial rise of 240% to £530,000. However, net assets have decreased by 130% to -£2,400,000, and trade debtors have increased by 260% to £430,000. Bank borrowings have also increased, and creditors have risen, suggesting a need to manage cash flow. The company’s size—meeting two of three conditions to be classified as small—allows for agility, but the decline in equity is a cause for concern. The company’s fixed assets decreased by 31%, and the increase from depreciation charge for property plant equipment remained steady. The company’s retained earnings accumulated losses are -£2,400,000. The accounts are unaudited, and no auditor is mentioned.

Registered in England/Wales under the registration number 14127468, 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.