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 products46750 - Wholesale of chemical products47300 - 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 | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2021 - 31 Dec 2021 | 29 Mar 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 23 Feb 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 02 Feb 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 20 Aug 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 30 Jun 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 30 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.