Olr Holdings Ltd
Registered name: OLR HOLDINGS LTD
Olr Holdings Ltd made £13.6m revenue and £2.6m profit in the year to 31 Jan 2024.
Olr Holdings Ltd’s revenue grew 621% to £13.6m in the year to 31 Jan 2024, with £2.6m profit and 21 employees. The company is classified under “manufacture of other wearing apparel and accessories” and is based in Ancoats; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Ancoats, North West
- Age
- 5 yrs · since 2021
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2023 | 31 Jan 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £1.9m | £13.6m |
| Cost of sales | £491k | £3.2m |
| Gross profit | £1.4m | £10.4m |
| Operating profit | £810k | £3.4m |
| Profit before tax | £797k | £3.4m |
| Profit after tax | £648k | £2.6m |
| Profit (best available) | £648k | £2.6m |
| Employees (average) | 16 | 21 |
| Ratios | ||
| Profit margin | 34.4% | 18.9% |
| Gross margin | 73.9% | 76.4% |
| Revenue per employee | £118k | £646k |
| Profit per employee | £40.5k | £122k |
| Growth (year on year) | ||
| Revenue growth | — | ▲621.4% |
| Profit growth | — | ▲295.4% |
| Headcount growth | — | ▲31.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £399k | £2.4m |
| Net assets | £457k | £2.3m |
| Fixed assets | £14.4k | £283k |
| Current assets | £1.1m | £4.4m |
| Debtors | £63.5k | £241k |
| Deferred income | £0 | £815k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- 18.9%
- Profit ÷ revenue.
- Gross margin
- 76.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £646k
- Revenue ÷ average employees.
- Profit per employee
- £122k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.8%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲402%
- Now £2.3m
- Cash at bank
- ▲510%
- Now £2.4m
- Headcount
- ▲31%
- Now 21
- Deferred income
- —
- Now £815k
- Fixed assets
- ▲1873%
- Now £283k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
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- Profit
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- Staff
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- SBD Apparel LimitedRotherham · Manufacture of other wearing apparel and accessories n.e.c.
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- Lyon Equipment LimitedPenrith · Manufacture of other wearing apparel and accessories n.e.c.
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Sources
Latest figures from FullAccounts for the year to 31 Jan 2024 (profit £2.6m), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.