Otter 59 Ltd
08533196
Some Concerns
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Surinder Singh Ahluwalia
American · United States · Age 82
Machine Works, 5 Pressing Lane, Hayes, UB3 1FD
Notified 27/05/2020
Former PSCs
Mr Surinder Singh Ahluwalia
Ceased 01/11/2019
Mr Shantanu Kaul
Ceased 30/03/2020
Charges0 outstanding
PLATEU GENERAL TRADING LLC- DUBAI UAE
CompanyRankvs 110389+ SIC 68100 peers37
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2025
Net Worth
-£961k
Balance sheet strength
Cash
£54k
Cash in the bank
Net Current Assets
-£111k
Working capital
Current Assets
—
Current Liabilities
£165k
Fixed Assets
£1.9M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£0 |
| 2025 | — | -£122k |
| 2024 | 0.57 | -£102k |
| 2023 | 0.63 | -£87k |
| 2022 | 0.62 | -£107k |
| 2021 | 0.73 | -£67k |
| 2020 | 0.65 | -£67k |
| 2019 | 0.59 | -£91k |
| 2018 | 0.66 | — |
Derived from filed accounts. Not audited figures.