Olympia Wealth Management Ltd
07690337
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 25/07/2025
COMPANY DIRECTOR
ITALIAN · ENGLAND · Age 41
Also on 2 other boards
Persons with Significant Control
Mr Riccardo Edo Frasca
Italian · Italy · Age 58
60, Cannon Street, London, EC4N 6NP
Notified 01/12/2020
Former PSCs
Olympia Group Sa
Ceased 01/12/2020
CompanyRankvs 345+ SIC 66300 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£4.1M
Annual revenue
Net Worth
£142k
Balance sheet strength
Cash
£240k
Cash in the bank
Profit Before Tax
-£49k
Bottom line earnings
Net Current Assets
£408k
Working capital
Current Assets
£1.3M
Current Liabilities
£912k
Fixed Assets
£19k
Debtors
£1.1M
Cost of Sales
£3.5M
Gross Profit
£672k
Admin Expenses
£747k
Operating Profit
-£47k
Profit After Tax
-£37k
Tax at Year End(2022)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.45 | +£0 |
| 2023 | 1.43 | +£12k |
| 2022 | 1.58 | +£0 |
| 2021 | 1.46 | +£0 |
| 2020 | 1.42 | +£0 |
| 2019 | 1.43 | +£17k |
| 2018 | 1.08 | — |
Derived from filed accounts. Not audited figures.