Active

OLEX BUSINESS LIMITED Financials

Company number
12571284Copy
Copy
Registered office
61 Bridge Street, Kington HR5 3DJ
Incorporated
24/04/2020

Company snapshot

Status
Active
Employees
2 (2026)
Latest financial data
2026
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2026.

Net Assets

£-17.32K2026
-20.85%vs 2025

2025: £-14.34K

Total Assets

£6.87K2025
-42.79%vs 2024

2024: £12.02K

Cash in Bank

£3.06K2025
-51.47%vs 2024

2024: £6.31K

Total Liabilities

£0.002026
-100.00%vs 2025

2025: £21.21K

Employees

22026
0vs 2025

2025: 2

In 2026, OLEX BUSINESS LIMITED reported net assets of £-17.32K. The same filing shows total assets of £6.87K, cash in bank of £3.06K and total liabilities of £0.00. Reported headcount was 2 in 2026. Total Liabilities fell from £21.21K in 2025 to £0.00 in 2026 (-100.00%). Okredo holds filed figures for 2022–2026; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£-17.32K2026
-20.85%from £-14.34K in 2025

Year-on-year change

Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.

3-year financial trend (2024–2026)

How the figures OLEX BUSINESS LIMITED filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.

Net Assets

£100.002024£-17.32K2026
-17424%vs 2024

Total Liabilities

£11.92K2024£0.002026
-100%vs 2024

Employees

2202422026
0%vs 2024

Biggest decrease

Net Assets-17424%

£100.00 in 2024 to £-17.32K in 2026

Every measure that changed in OLEX BUSINESS LIMITED's filings between 2024 and 2026 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with total liabilities falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from OLEX BUSINESS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
-208.54%2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
308.54%2025
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
14.45%2025
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
44.57%2025
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for OLEX BUSINESS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20222023202420252026
Net Assets£10.73K132.00100.00-14.34K-17.32K
Total Assets£36.29K25.96K12.02K6.87K–
Cash in Bank£7.76K2.66K6.31K3.06K–
Total Liabilities£25.56K25.83K11.92K21.21K0.00
Employees44222

OLEX BUSINESS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for OLEX BUSINESS LIMITED covering 2022–2026, across 5 reported indicators. The most recent reported year is 2026.

OLEX BUSINESS LIMITED reported net assets of £-17.32K for 2026. That compares with £-14.34K in 2025, a change of -20.85%.

OLEX BUSINESS LIMITED reported total assets of £6.87K for 2025. That compares with £12.02K in 2024, a change of -42.79%.

OLEX BUSINESS LIMITED reported cash in bank of £3.06K for 2025. That compares with £6.31K in 2024, a change of -51.47%.

OLEX BUSINESS LIMITED reported 2 employees in 2026, compared with 2 in 2025.

Between 2024 and 2026, OLEX BUSINESS LIMITED's net assets fell by 17424%, total liabilities fell by 100% and employee numbers was unchanged. Reported headcount went from 2 in 2024 to 2 in 2026. The largest fall over the period was net assets, down 17424% from £100.00 to £-17.32K.

Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.