Founded in 2014, Olax Electronics, classified under reg no. 08955046 is an active company. Currently registered at First Floor- Unit 14 LN6 7JW, Lincoln the company has been in the business for 10 years. Its financial year was closed on 31st May and its latest financial statement was filed on May 31, 2022. Since May 15, 2015 Olax Electronics Limited is no longer carrying the name Olax Investments.
The company has one director. Ali D., appointed on 24 March 2014. There are currently no secretaries appointed. As of 24 April 2024, there was 1 ex director - Abraham H.. There were no ex secretaries.
| Office Address | First Floor- Unit 14 |
| Office Address2 | Moorland Way |
| Town | Lincoln |
| Post code | LN6 7JW |
| Country of origin | United Kingdom |
| Registration Number | 08955046 |
| Date of Incorporation | Mon, 24th Mar 2014 |
| Industry | Retail sale of sports goods, fishing gear, camping goods, boats and bicycles |
| Industry | Retail sale of telecommunications equipment other than mobile telephones |
| End of financial Year | 31st May |
| Company age | 10 years old |
| Account next due date | Thu, 29th Feb 2024 (55 days after) |
| Account last made up date | Tue, 31st May 2022 |
| Next confirmation statement due date | Wed, 5th Jun 2024 (2024-06-05) |
| Last confirmation statement dated | Mon, 22nd May 2023 |
Position: Director
Appointed: 24 March 2014
The list of persons with significant control that own or control the company includes 1 name. As we established, there is Ali D. The abovementioned PSC and has 75,01-100% shares.
Ali D.
| Notified on | 13 January 2017 |
| Nature of control: |
75,01-100% shares |
| Olax Investments | May 15, 2015 |
| Profit & Loss | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Accounts Information Date | 2015-05-31 | 2016-05-31 | 2017-05-31 | 2018-05-31 | 2019-05-31 | 2020-05-31 | 2021-05-31 | 2022-05-31 | 2023-05-31 |
| Net Worth | 320 | 12 324 | 9 209 | ||||||
| Balance Sheet | |||||||||
| Cash Bank On Hand | 59 415 | 44 560 | 22 352 | 22 352 | |||||
| Current Assets | 26 320 | 30 500 | 57 951 | 47 000 | 17 617 | 99 415 | 86 685 | 59 611 | 58 862 |
| Net Assets Liabilities | 9 209 | 2 171 | 6 519 | 16 163 | 22 917 | -1 042 | -455 | ||
| Property Plant Equipment | 634 | 539 | 458 | 389 | |||||
| Total Inventories | 40 000 | 42 125 | 37 259 | 36 510 | |||||
| Cash Bank In Hand | 1 520 | ||||||||
| Net Assets Liabilities Including Pension Asset Liability | 320 | 12 324 | 9 209 | ||||||
| Stocks Inventory | 24 800 | ||||||||
| Reserves/Capital | |||||||||
| Called Up Share Capital | 2 | ||||||||
| Profit Loss Account Reserve | 318 | ||||||||
| Shareholder Funds | 320 | 12 324 | 9 209 | ||||||
| Other | |||||||||
| Accumulated Depreciation Impairment Property Plant Equipment | 440 | 535 | 616 | 685 | |||||
| Average Number Employees During Period | 4 | 4 | 2 | 3 | 2 | ||||
| Bank Borrowings Overdrafts | 50 000 | 50 000 | 40 002 | 30 003 | |||||
| Creditors | 49 612 | 41 702 | 24 841 | 83 886 | 50 000 | 40 002 | 30 003 | ||
| Increase From Depreciation Charge For Year Property Plant Equipment | 95 | 81 | 69 | ||||||
| Net Current Assets Liabilities | 320 | 11 357 | 57 951 | 5 298 | 7 224 | 15 529 | 72 378 | 38 502 | 29 159 |
| Other Creditors | 109 | 1 255 | 1 268 | 6 833 | |||||
| Other Taxation Social Security Payable | 21 153 | 12 169 | 10 829 | 10 907 | |||||
| Property Plant Equipment Gross Cost | 1 074 | 1 074 | 1 074 | ||||||
| Total Assets Less Current Liabilities | 320 | 31 467 | 58 821 | 2 171 | 6 519 | 16 163 | 72 917 | 38 960 | 29 548 |
| Trade Creditors Trade Payables | 12 624 | 883 | 882 | 880 | |||||
| Fixed Assets | 967 | 870 | 783 | 705 | 634 | ||||
| Creditors Due After One Year | 19 143 | 49 612 | |||||||
| Creditors Due Within One Year | 26 000 | 19 143 | |||||||
| Type | Category | Free download | |
|---|---|---|---|
| CS01 |
Confirmation statement with no updates May 22, 2023 filed on: 22nd, May 2023 |
confirmation statement | Free Download (3 pages) |
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