Oska Ludlow Limited

Oska Ludlow Ltd from Preston UK is a small, active company founded 14 years ago. With 29 employees and £587,178 in assets, it operates from a virtual address and is managed by two directors, though no owners are officially listed. The company irregularly imports clothing and accessories (not knitted or crocheted) for two months, while regularly exporting similar items for three months. It’s a retail business, operating from a shop in Bath, and also has a presence in Cambridge.

The company’s website lists a wide range of locations across the UK, suggesting a network of potential stockists or affiliated businesses. It appears to be a retail operation, selling clothing and accessories, but also has a sister company, Oska Trade Limited, and a connection to Oska Management GmbH in Germany. The website’s design is clean and modern, with a focus on visual appeal and easy navigation. It also has a perfect 5.0 Google rating from eight reviews.

Financially, Oska Ludlow Ltd’s performance shows some concerning trends. Current assets decreased by 5.9% to £590,000, while net assets plummeted 32% to -£500,000. Bank borrowings surged by 140% to £2,400, and cash reserves fell 22% to £330,000. Creditors decreased by 1.5% to £760,000, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's reliance on a virtual address, coupled with the significant drop in equity, suggests it may be burning through money. The lack of a clear ownership structure could also be a cause for concern. However, the company's regular export activity and positive customer reviews indicate it still has potential. It’s possible the company is undergoing a period of restructuring or investment, but the financial data warrants close monitoring.

Registered in England/Wales under the registration number 07569789, with a registered address at PR2 9WT, England, Preston, Unit 16 Eastway Business Village Olivers Place, Fulwood.

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