OONI LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-15 (in 7mo)
Last made up 2025-12-01
Watchouts
None on the register
Cash
£13M
+86.4% vs 2023
Net assets
£28M
-20.3% vs 2023
Employees
243
-31.4% vs 2023
Profit before tax
-£6M
+20.9% vs 2023
Name history
Renamed 2 times since incorporation
- OONI LIMITED 2018-07-17 → present
- UUNI LIMITED 2017-09-29 → 2018-07-17
- TAPANINAHO LIMITED 2012-12-03 → 2017-09-29
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £157,553,030 | £120,437,502 | |
| Operating profit | -£5,927,450 | -£5,826,010 | |
| Profit before tax | -£7,683,183 | -£6,080,330 | |
| Net profit | -£9,286,438 | -£6,763,966 | |
| Cash | £6,824,695 | £12,719,305 | |
| Total assets less current liabilities | £34,542,424 | £27,528,369 | |
| Net assets | £34,542,424 | £27,528,369 | |
| Equity | £34,542,424 | £27,528,369 | |
| Average employees | 354 | 243 | |
| Wages | £18,540,637 | £16,481,688 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -3.8% | -4.8% | |
| Net margin | -5.9% | -5.6% | |
| Return on capital employed | -17.2% | -21.2% | |
| Gearing (liabilities / total assets) | 38.8% | 43.0% | |
| Current ratio | 2.35x | 2.07x | |
| Interest cover | -3.38x | -22.89x |
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
- Consolidated group
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At 31 December the Group's cash position was £12.7m. Drawings on our facility were £0.0m (2023: £2.8m). The group forecasts for 2025 show a return to operating profit and positive cash flow generation is expected in the next financial year and beyond, driven by working capital effectiveness and cost saving measures which are already in place and bringing improvements.”
Group structure
- OONI LIMITED · parent
- Ooni Inc. 100%
- Ooni GmbH 100%
- Ooni Pty Limited 100%
- Ooni NZ Limited 100%
- Ooni Canada Inc 100%
- Ooni SAS 100%
- Ooni Srl 100%
- Ooni Finland Oy 100%
- Ooni International Trading Shanghai Co., Ltd 100%
- Ooni AB 100%
- Ooni Norway AS 100%
Significant events
- “2024 was a year of consolidation and operational improvement following the challenging trading conditions of 2022 and 2023. Group turnover was £120.4m (2023: £157.6m), reflecting a softer consumer environment and intensified competition in the outdoor cooking sector.”
- “In 2024 we launched Koda 2 Max, our first 24" oven, alongside further accessories.”
- “The Ooni brand continues to grow in consumer awareness across all markets, supported by marketing activities, award-winning products, word-of-mouth referrals and expansion of global retailer and distributor relationships.”
- “Ooni Norway AS, was dissolved in December 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROWN, Andrew Stuart | Director | 2018-12-07 | Oct 1983 | British |
| GARLAND, Darina | Director | 2013-07-01 | May 1981 | British |
| IYER, Karthik | Director | 2025-11-01 | Dec 1977 | American |
| ROSS, Paul | Director | 2018-12-07 | Jun 1971 | British |
| TAPANINAHO, Matti Kristian | Director | 2012-12-03 | Feb 1981 | Finnish,British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ECCLES, Nigel John | Director | 2018-12-07 | 2021-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Magic Foundry Limited | Corporate entity | Shares 50–75%, Voting 75–100%, Appoints directors | 2021-12-16 | Active |
| Miss Darina Garland | Individual | Shares 50–75%, Voting 50–75% | 2018-07-26 | Ceased 2021-12-16 |
| Mr Matti Kristian Tapaninaho | Individual | Shares 25–50%, Voting 25–50% | 2016-07-10 | Ceased 2021-12-16 |
Filing timeline
Last 20 of 109 total filings
Material constitutional events — rename, articles re-file, resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-31 | AA | accounts | Accounts with accounts type group | |
| 2025-12-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-13 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-18 | SH08 | capital | Capital name of class of shares | |
| 2025-09-17 | SH10 | capital | Capital variation of rights attached to shares | |
| 2025-09-17 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-02 | SH08 | capital | Capital name of class of shares | |
| 2025-09-02 | SH10 | capital | Capital variation of rights attached to shares | |
| 2025-07-17 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-16 | RP04SH01 | change-of-name | Legacy | |
| 2025-07-16 | RP04SH01 | change-of-name | Legacy | |
| 2025-07-15 | CH01 | officers | Change person director company with change date | |
| 2025-07-15 | CH01 | officers | Change person director company with change date | |
| 2025-05-19 | SH01 | capital | Capital allotment shares | |
| 2025-02-19 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-10 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-12-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-16 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 16
- Capital events
- 5
- Officers appointed
- 1
- 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
-23.6%
£157,553,030 £120,437,502
-
Cash
+86.4%
£6,824,695 £12,719,305
-
Net assets
-20.3%
£34,542,424 £27,528,369
-
Employees
-31.4%
354 243
-
Operating profit
+1.7%
-£5,927,450 -£5,826,010
-
Profit before tax
+20.9%
-£7,683,183 -£6,080,330
-
Wages
-11.1%
£18,540,637 £16,481,688
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers