Ola Uk Private Limited
11154418
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
CompanyRankvs 38454+ SIC 62090 peers30
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
-24, the Company temporarily ceased its business operations in the UK to concentrate and penetrate more in the Tier II & Tier III cities of Indian business. The Company’s ability to continue as a going concern is dependent upon the ability to arrange funding for its operations and initiate business alternatives. Based on the commitment and letter of financial support received from the Holding
Key FinancialsYear ending 31/03/2025
Net Worth
-£7.2M
Balance sheet strength
Cash
£6k
Cash in the bank
Net Current Assets
-£7.2M
Working capital
Current Assets
£457k
Current Liabilities
£7.6M
Debtors
£451k
Profit After Tax
-£1.6M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.06 | -£1.6M |
| 2024 | 0.09 | -£3.4M |
| 2023 | 0.21 | -£4.8M |
| 2022 | 1.07 | -£2.2M |
| 2021 | 1.16 | — |
Derived from filed accounts. Not audited figures.