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Ojas Local Limited

12950813

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

239-241 CASTLE BOULEVARD, NOTTINGHAM, NG7 1HA
Incorporated 14/10/2020

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 28/03/2026

Due 11/04/2027

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Vamshi Chidipothu

director · Since 14/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 35

Persons with Significant Control

Mr Vamshi Chidipothu

75–100% shares
75–100% votes
Appoint directors

British · England · Age 35

239-241, Castle Boulevard, Nottingham, NG7 1HA

Notified 14/10/2020

Former PSCs

Mr Chidamber Chinthireddy

Ceased 04/01/2021

Mr Venkateshwar Rao Narsimha Renukunta

Ceased 01/10/2022

CompanyRankvs 18557+ SIC 47110 peers
36

Financial strength15th percentile among SIC peers · 4/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.64× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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 31/10/2024

Net Worth

-£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

£68k

Current Liabilities

£107k

Fixed Assets

£35k

2avg. employees

Balance Sheet

Assets less current liabilities-£3k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20240.64-£7k
20230.69+£589
20220.62-£725
20210.56

Derived from filed accounts. Not audited figures.