OLIVETTI UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-30 (in 5mo)
Last made up 2025-10-16
Watchouts
None on the register
Cash
£59K
-13.2% lowest in 5 filed years
Net assets
-£2M
-31.8% lowest in 5 filed years
Employees
2
0% vs 2023
Profit before tax
-£396K
+14.1% vs 2023
Name history
Renamed 5 times since incorporation
- OLIVETTI UK LIMITED 2005-04-11 → present
- OLIVETTI TECNOST UK LIMITED 2001-05-22 → 2005-04-11
- OLIVETTI LEXIKON UK LTD. 1996-01-02 → 2001-05-22
- TRIUMPH-ADLER (UK) LIMITED 1992-10-12 → 1996-01-02
- TRIUMPH ADLER (U.K.) LIMITED 1981-12-31 → 1992-10-12
- ADLER BUSINESS SYSTEMS LIMITED 1974-01-03 → 1981-12-31
Net assets
9-year trend · vs Consumer Discretionary median
Accounts
9-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | — | — | |
| Operating profit | — | -£496,000 | — | -£632,000 | — | -£244,000 | — | -£235,000 | -£216,000 | |
| Profit before tax | — | -£505,000 | — | -£675,000 | — | -£273,000 | — | -£461,000 | -£396,000 | |
| Net profit | — | -£505,000 | — | -£675,000 | — | -£273,000 | — | -£461,000 | -£396,000 | |
| Cash | — | £75,000 | — | £344,000 | — | £175,000 | — | £68,000 | £59,000 | |
| Total assets less current liabilities | — | -£405,000 | — | -£1,066,000 | — | -£1,338,000 | — | -£1,798,000 | -£2,193,000 | |
| Net assets | — | -£459,000 | — | -£1,110,000 | — | -£1,354,000 | — | -£1,813,000 | -£2,389,000 | |
| Equity | £124,000 | -£459,000 | -£459,000 | -£1,110,000 | -£1,110,000 | -£1,354,000 | -£1,354,000 | -£1,813,000 | -£2,389,000 | |
| Average employees | — | 2 | — | 2 | — | 2 | — | 2 | 2 | |
| Wages | — | — | — | — | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on capital employed | — | 122.5% | — | 59.3% | — | 18.2% | — | 13.1% | 9.8% | |
| Current ratio | — | — | — | — | — | — | — | 0.18x | 0.15x | |
| Interest cover | — | -62.00x | — | -45.14x | — | -8.71x | — | -1.04x | -1.21x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Phipps Henson McAllister
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors believe that preparing the financial statements on the going concern basis is appropriate due to the continued financial support of the ultimate parent company Telecom-Italia SpA. The directors have received confirmation that Telecom-Italia SpA intend to support the company for a period of 12 months from the approval of these financial statements.”
Significant events
- “The buy-out of the Pension Scheme is still pending due to the claim made by a retired former employee, which has now been settled. It is hoped that now that the matter is settled, the Trustee can move forward with the wind-up of the Scheme.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 36 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ESPOSITO, Luigi | Director | 2023-03-23 | Sep 1967 | Italian |
Show 36 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BISSELL, Glynn | Secretary | 1994-08-01 | 1998-05-01 |
| NEVILLE, Stephen Anthony | Secretary | 1998-05-01 | 1998-09-16 |
| PALMIERI, Giustino | Secretary | — | 1994-08-01 |
| PIRRONELLO, Aldo | Secretary | 2003-03-31 | 2007-03-29 |
| ROBINSON, Ian Charles | Secretary | 1998-09-16 | 2003-03-31 |
| WOODS, Dennis | Secretary | 2007-03-29 | 2015-02-20 |
| AGUADO, Pedro Antonio | Director | 1999-04-06 | 2000-12-31 |
| BENINCASA, Andrea | Director | 2019-06-17 | 2020-07-01 |
| BINELLO, Renato | Director | 1996-04-26 | 1997-12-31 |
| CANTURI, Massimo | Director | 2003-03-31 | 2006-03-30 |
| CARRA, Manuela | Director | 2020-07-01 | 2021-06-14 |
| CERNI, Andrea | Director | 2000-03-01 | 2002-01-31 |
| CIPRIANO, Nadia Francesca Maria | Director | 2018-10-22 | 2024-06-24 |
| COI, Salvatore | Director | 2007-05-25 | 2016-11-22 |
| DE BATTISTA, Franco | Director | 2002-12-04 | 2007-02-06 |
| DI LORETO, Stefano, Dr | Director | 2007-02-06 | 2016-05-31 |
| EMMANUELI, Antonio | Director | 1997-12-31 | 1999-01-31 |
| GALLETTI, Gianluca, Ing. | Director | 2011-12-20 | 2014-07-01 |
| GRIGLIATTI, Enrico | Director | 1996-04-26 | 2002-12-04 |
| HANSEN, Erik | Director | 1995-03-01 | 1996-04-01 |
| INGRAM, Charles | Director | — | 1994-05-05 |
| MAI, Franco | Director | 2002-02-01 | 2002-12-04 |
| MANZO, Mario | Director | 2006-03-30 | 2007-10-26 |
| MEDOVIC, Nikolaus | Director | 2007-10-26 | 2009-07-30 |
| NEUBAUER, Maximilian | Director | — | 1995-01-31 |
| PIETROLUCCI, Graziella | Director | 2016-07-21 | 2019-06-17 |
| PIRRONELLO, Aldo | Director | 2014-07-01 | 2015-10-31 |
| PIRRONELLO, Aldo | Director | 2009-07-31 | 2011-12-20 |
| PIRRONELLO, Aldo | Director | 2003-03-31 | 2007-03-29 |
| POLESKA, Dieter | Director | — | 1994-10-31 |
| ROBINSON, Ian Charles | Director | 1999-09-01 | 2003-03-31 |
| SAPONE, Anna Rosa | Director | 2016-07-21 | 2018-09-30 |
| TITFORD, Alan Frank | Director | 1993-12-13 | 1999-04-30 |
| TORRISI, Salvatore Antonello | Director | 2002-12-04 | 2003-02-24 |
| VIGANÒ, Cristiano | Director | 2021-06-14 | 2023-01-31 |
| WOODS, Dennis | Director | 2007-03-29 | 2007-05-15 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 215 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2024-10-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-26 | AA | accounts | Accounts with accounts type full | |
| 2024-06-25 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-31 | CH01 | officers | Change person director company with change date | |
| 2023-09-28 | AA | accounts | Accounts with accounts type full | |
| 2023-06-29 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-03-24 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-31 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-21 | AA | accounts | Accounts with accounts type full | |
| 2022-10-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-01 | AA | accounts | Accounts with accounts type full | |
| 2021-06-18 | AP01 | officers | Appoint person director company with name date | |
| 2021-06-16 | TM01 | officers | Termination director company with name termination date | |
| 2020-10-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2020-07-03 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
-13.2%
£68,000 £59,000
lowest in 5 filed years
-
Net assets
-31.8%
-£1,813,000 -£2,389,000
lowest in 5 filed years
-
Employees
0%
2 2
-
Operating profit
+8.1%
-£235,000 -£216,000
highest in 5 filed years
-
Profit before tax
+14.1%
-£461,000 -£396,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers