# OLUSHU LTD (13193032)

> OLUSHU LTD is an active private limited company (company number 13193032) incorporated on 10 February 2021, registered in Teignmouth. Its registered activity is retail sale of footwear in specialised stores (SIC 47721). Latest small accounts cover the period ending 28 February 2025, showing net assets of £47k and cash of £8,414, with 2 employees on average. Net assets rose 60% on the prior period (£29k).

- Status: Active
- Incorporated: 2021-02-10
- Registered office: Teignmouth, TQ14 8EB
- SIC 47721: Retail sale of footwear in specialised stores
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-02-24
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 134 comparable companies in Other (median £8,613, upper quartile £54k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | £47k | £8,414 | £3,150 | £450k | — | — | 2 |
| 2024-02-28 | £29k | £7,465 | £0 | £465k | — | — | 2 |

current ratio 0.03; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £46,838 at 28 February 2025
- Net assets up 10% or more on the prior period: +60.3% vs prior period
- Current assets below creditors within one year: Current ratio 0.03
- Incorporated five or more years ago: Incorporated 10 February 2021

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Sean Nicks — owns 25–50% of shares; holds 25–50% of voting rights, since 2021-02-10
- Mrs Sarah Nicks — owns 25–50% of shares; holds 25–50% of voting rights, since 2021-02-10

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/13193032
HTML: https://firmoscan.com/company/13193032-olushu-ltd