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Ora Lounge Limited

13437126

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT A 581 GREEN LANES, HARINGEY, N8 0RG
Incorporated 03/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Erkan Ogut

director · Since 01/06/2024

DIRECTOR

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Mr Erkan Ogut

75–100% shares

British · England · Age 49

Unit A 581 Green Lanes, Haringey, N8 0RG

Notified 01/06/2024

Former PSCs

Mr Erkan Ogut

Ceased 01/10/2023

Mr Ulas Koygulu

Ceased 12/01/2022

Mr Ulas Koygulu

Ceased 01/06/2024

CompanyRankvs 21565+ SIC 56101 peers
37

Financial strength13th percentile among SIC peers · 3/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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21565Ora Lounge Limited
37
How is this score calculated?
Financial strength3/25 pts

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

Employees12/15 pts

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

Liquidity2/20 pts

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

Longevity5/15 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 31/05/2025

Net Worth

-£60k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£12k

Current Liabilities

£74k

Fixed Assets

£2k

14avg. employees

Balance Sheet

Assets less current liabilities-£60k
Signed by Mr Erkan Ogut 26/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.16+£0
20250.16-£53k
20240.75—

Derived from filed accounts. Not audited figures.