Ra & Olly Limited
- Small
- Active
- 28 years
- 4 employees
- £195,054 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Irregular exporter
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Ra & Olly Limited, based in Falmouth, UK, is a small, active company established 28 years ago. With four employees and £195,054 in assets, it’s a family affair, run by a solo founder and overseen by two directors. The company has a real address and operates as a regular importer of printed materials – books, newspapers, and pictures – for the last 49 months, with the most recent import occurring in February 2025. It also exports these materials, though less frequently, with just two months of export activity recorded as of September 2023.
The company’s website, Ra & Olly Ltd, positions itself as a global magazine distributor and promoter, showcasing a wide range of titles across art, photography, design, and various other categories. The site features recent releases, digital editions, and even a mailing list signup, suggesting a focus on online visibility and customer engagement. It’s clear the company caters to a niche market, offering a curated selection of magazines and promoting them to a global audience.
Financially, Ra & Olly Limited presents a mixed picture. While current assets remained stable at £200,000, net assets declined significantly, falling 110% to -£27,000. Bank cash dropped by 34%, settling at £35,000, and trade debtors increased by 6.4%, reaching £160,000. Creditors, however, remained constant at £230,000. The company’s small size—meeting two of three criteria for a small company—helps it remain nimble, but the decrease in equity is a cause for concern. With no auditor mentioned, the figures are unaudited.
Overall, Ra & Olly Limited appears to be navigating a challenging environment. While its online presence and global reach suggest potential, the financial data indicate a company burning through cash, likely needing to find ways to improve profitability or secure additional funding.
Registered in England/Wales under the registration number 03294081, with a registered address at TR11 3HZ, Falmouth, Cornwall, 7a Arwenack Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Laffar James Victor
- 9 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Laffar James Victor
- 14 years
- 3
-
Resident of United Kingdom
-
Individual
- Laffar Nicholas
- 22 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Director's details changed for Mr James Victor Laffar on 2024-12-01Download 2 pages pdf report
-
Director's details changed for Mr Nicholas Laffar on 2024-12-01Download 2 pages pdf report
-
Change of details for Mr James Victor Laffar as a person with significant control on 2024-04-15Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Ra & Olly Limited
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