OLUBU LTD

Company number 10162876 · Active (Active - Proposal to Strike off)

OLUBU LTD is a private limited company registered in EASTBOURNE, United Kingdom, incorporated on 4 May 2016. Its registered activity is retail sale of books in specialised stores. Its latest published accounts for the period ending 31 May 2021 show equity of £16k, total assets of £7,625. It has filed 3 sets of accounts, 1 of them after the deadline. Our model estimates a 0.04 % probability that it becomes insolvent within 12 months, 0.4 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.04 %
Low risk
Lowest riskHighest risk

Higher than 90 % of active companies in the United Kingdom. 0.4× the average annual insolvency rate (0.12 %).

Raises the risk

Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Share of filings late2.3×0.333333–0.666667 · 0.26 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent
Region1.6×BN · 0.19 % became insolvent

Lowers the risk

Current liabilities ÷ assets0.3×< 0.010552 · 0.03 % became insolvent
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
10162876 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
4 May 2016 (11 years)
Registered address
BN22 0XG EASTBOURNE
Postcode area
Brighton
Activity
47610 Retail sale of books in specialised stores
Industry
Retail trade
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202115 Feb 2022– –£16k£7,625 £0–0
31 May 202015 May 2021– –£16k£7,625 £0–1
31 May 201915 Feb 2020– –£6,761£6,203 £0––

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about OLUBU LTD

What is the company number of OLUBU LTD?

OLUBU LTD is registered under company number 10162876 in the official register of United Kingdom. View it at the official register.

Is OLUBU LTD still active?

Yes. OLUBU LTD is registered as active (status: Active - Proposal to Strike off).

Has OLUBU LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for OLUBU LTD in the official data.

How likely is OLUBU LTD to become insolvent?

Our model estimates a 0.04 % probability that OLUBU LTD becomes insolvent within the next 12 months (low risk). That is higher than 90 % of active companies in the United Kingdom.

When was OLUBU LTD founded?

OLUBU LTD was incorporated on 4 May 2016.

Where is OLUBU LTD registered?

OLUBU LTD's registered address is in BN22 0XG EASTBOURNE (Brighton), United Kingdom.

What do the latest accounts of OLUBU LTD show?

The latest published accounts (period ending 31 May 2021) show equity of £16k, total assets of £7,625, 0 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.