The Gift Of Oil Limited

The Gift Of Oil Ltd from Bolton UK: a small, active company established 24 years ago, employs seven people, and holds £151,089 in assets. It’s a solo-founded operation with three directors, boasting a perfect 5.0 Google rating from 14 reviews. The company regularly imports drinks, alcohol, and vinegar—a trend seen over the past three months.

The company operates in the retail sector, specializing in premium olive oils and balsamic vinegars. Its website, thegiftofoil.com, showcases a wide range of products, from Sicilian early harvest olive oil to infused balsamics and wine vinegars. The site emphasizes heritage, quality, and even offers custom gift sets—a clear focus on a discerning customer base. It's a well-designed e-commerce platform, requiring javascript to function correctly, and offers free delivery to most UK postcodes over £60. The site also highlights the health benefits of olive oil, linking to articles and studies.

Financially, The Gift Of Oil Ltd presents a mixed picture. Current assets decreased by 13% to £150,000, while net assets dropped 16% to £100,000. Cash reserves fell 27% to £31,000. Trade debtors increased by a significant 39%, suggesting a possible shift in payment terms. The company’s small size—meeting two of three conditions for being a small company—allows for flexibility, but the decline in equity raises questions. Bank borrowings also decreased, which is a positive sign. The company is exempt from an audit, so the financial statements are unaudited.

The company’s reliance on imports and the fluctuating value of its assets could be contributing factors to these trends. It’s likely that the company is trying to manage costs and maintain its premium positioning in a competitive market.

Registered in England/Wales under the registration number 04133749, with a registered address at BL3 6DG, England, Bolton, Lecturers Close.

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