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Olelo Ltd

10393296

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

24 ACACIA AVENUE, BRENTFORD, TW8 8NR
Incorporated 26/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43330
Floor and wall covering
43341
Painting
43390
Other building completion and finishing
43999
Specialised construction activities

Officers

Mr Olexei Kinash

director · Since 26/09/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Mr Volodymyr Kinach

director · Since 28/04/2017

OPERATIONS MANAGER

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Mr Olexei Kinash

25–50% shares
25–50% votes

British · United Kingdom · Age 34

24, Acacia Avenue, Brentford, TW8 8NR

Notified 26/09/2016

Mr Volodymyr Kinach

25–50% shares
25–50% votes

British · England · Age 62

24, Acacia Avenue, Brentford, TW8 8NR

Notified 12/01/2020

CompanyRankvs 1809+ SIC 43330 peers
74

Financial strength79th percentile among SIC peers · 20/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.77× · 16/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£53k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£60k

Working capital

Current Assets

£138k

Current Liabilities

£78k

Fixed Assets

£22k

4avg. employees+2

Balance Sheet

Assets less current liabilities£82k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.77+£39k
20232.06-£26k
20221.92-£24k
20213.06-£12k
20203.30+£67k
20191.26-£18k
20182.13

Derived from filed accounts. Not audited figures.