Ara Technology Ltd.
12011255
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/09/2023
IT PROFESSIONAL
NEPALESE · ENGLAND · Age 39
Also on 2 other boards
Persons with Significant Control
Mr Ramesh Paudyal
Nepalese · England · Age 39
113, Clarendon Road, London, W11 4JG
Notified 11/09/2023
Former PSCs
Mr Amarjit Singh Kamboh
Ceased 11/09/2023
CompanyRankvs 2704+ SIC 47421 peers35
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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 31/05/2024
Net Worth
-£23k
Balance sheet strength
Cash
£135
Cash in the bank
Net Current Assets
-£21k
Working capital
Current Assets
£50k
Current Liabilities
£71k
Fixed Assets
£3k
Debtors
£37
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.70 | — |
| 2023 | 1.17 | — |
| 2022 | 5.74 | +£289 |
| 2021 | 6.74 | — |
Derived from filed accounts. Not audited figures.