Tom And Ollie (ni) Ltd

Tom And Ollie (ni) Ltd, based in Belfast, UK, is a small holding company with an active status, having been incorporated ten years ago in September 2014. Employing nineteen people, the company holds assets valued at £665,568 and operates from a real address at Unit 55/56 Glenwood Business Centre. With two directors and one owner, it runs an e-commerce site and has a Google rating of 4.0 based on twenty-five reviews. The company regularly imports prepared or preserved plant-based foods, with the last import operation occurring four months ago in June 2022.

The company’s website describes it as a Belfast Artisan Cheesemonger and Hamper Specialists, offering a wide range of cheeses, food products, and accompaniments. It operates a well-designed e-commerce platform with detailed product descriptions and high-quality images, showcasing a diverse selection of cheeses from across Ireland, the UK, and Europe. The site also highlights its expertise in cheese restoration and disaster recovery services, and offers party packs and gift hampers. The website even has a section dedicated to St. George's Market, where they sell their products.

Financially, Tom And Ollie (ni) Ltd shows a mixed picture. Creditors increased by 22%, reaching £770,000, while net assets grew by 75% to £150,000. However, cash bank on hand decreased by 31%, falling to £5,600. Bank borrowings also increased significantly, rising by 31% to £170,000. The company’s small size—meeting two of three criteria for being a small company—allows it to remain agile, but the increase in borrowings suggests it may be relying on external funding to support its operations. Accumulated amortisation increased by 18% to £97,000, and depreciation on plant machinery increased by 31% to £180,000. The company is exempt from an audit, and the financial statements are unaudited.

The company’s growth in assets and net assets is encouraging, but the rise in debt and decrease in cash reserves warrants close monitoring. The focus on high-quality products and strong online presence positions Tom And Ollie (ni) Ltd well, but sustained financial health will depend on managing its debt and maintaining a healthy cash flow.

Registered in Northern Ireland under the registration number NI626747, with a registered address at BT17 0QL, Northern Ireland, Belfast, Unit 55/56 Glenwood Business Centre Springbank Road, Dunmurry.

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