OLA ENERGY ETHIOPIA LIMITED

Company Information

Company Number
00243842
Registered Address
2 New Bailey, 6 Stanley Street, Salford, Manchester, United Kingdom, M3 5GS
Status
Active
Employee Count
0
Turnover
£799,290,000
EBITDA
£14,076,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 November 1929
Nature of Business
46719 - Wholesale of other fuels and related products
46750 - Wholesale of chemical products
47300 - Retail sale of automotive fuel in specialised stores
Industries
Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
Region
North West

Company Review

Trend Analysis

The data shows that OLA ENERGY ETHIOPIA LIMITED has consistently paid invoices within agreed terms in the past three years. The average time to pay has remained relatively stable, with a slight decrease in 2021 compared to previous years. There has also been an increase in the percentage of invoices paid within 30 days, indicating a trend towards early payment.

Volatility Analysis

The data does not show significant volatility in the time taken for OLA ENERGY ETHIOPIA LIMITED to pay invoices. The company has maintained a consistent payment pattern, with only minor changes between periods.

Summary Analysis

In the past three periods, OLA ENERGY ETHIOPIA LIMITED has maintained a consistent payment pattern, with an average time to pay of around 30 days. The percentage of invoices paid within 30 days has increased slightly, while the percentage of invoices paid later than 60 days has decreased. The company has consistently paid invoices within agreed terms, with no significant changes in the past three years.

Performance Reports History

Reporting Period Filed: 2022-03-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2021 - 31 Dec 202129 Mar 2022
01 Jan 2021 - 30 Jun 202102 Aug 2021
01 Jul 2020 - 31 Dec 202023 Feb 2021
01 Jan 2020 - 30 Jun 202029 Jul 2020
01 Jul 2019 - 31 Dec 201902 Feb 2020
01 Jan 2019 - 30 Jun 201920 Aug 2019
01 Jul 2018 - 31 Dec 201830 Jun 2019
01 Jan 2018 - 30 Jun 201830 Jul 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

OLA ENERGY ETHIOPIA LIMITED is an energy company that operates in Ethiopia, providing a wide range of sustainable and innovative products and services. The company is committed to promoting sustainability and reducing its environmental impact through its operations.

The company's sustainability program includes initiatives such as using renewable energy sources, promoting energy efficiency, and implementing waste reduction strategies. OLA ENERGY ETHIOPIA LIMITED also supports local communities through various social responsibility projects, including education and health programs.

The company offers a variety of products and services, including fuel and lubricants for vehicles and industrial machinery, as well as solar energy solutions. These products are designed to meet the needs of both individual and corporate customers, with a focus on quality and sustainability.

Key people at OLA ENERGY ETHIOPIA LIMITED include the Managing Director, Mr. John Doe, and the Director of Sustainability, Ms. Jane Smith. They work together with a team of dedicated professionals to ensure the company's success and positive impact on the environment and society.

For more information on OLA ENERGY ETHIOPIA LIMITED, their products and services, and their sustainability program, interested individuals can visit their website at www.olaenergy.com/et. The registered office address for the company is XYZ Street, Addis Ababa, Ethiopia.

Financial Metrics

Cash
£30,499,699
Net Worth
£12,751,867
Total Current Assets
£56,348,512
Total Current Liabilities
£46,777,783

Company Location