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Oljar Ltd

14221563

active
Private Limited Company
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

45 APPLETON ROAD, HULL, HU5 4PD
Incorporated 07/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47290
Other retail sale of food in specialised stores
47910
Retail sale via mail order houses or via Internet

Officers

Mr Azad Ibrahim

director · Since 07/07/2022

DIRECTOR

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Azad Ibrahim

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

British · England · Age 51

45, Appleton Road, Hull, HU5 4PD

Notified 07/07/2022

CompanyRankvs 16321+ SIC 47110 peers
42

Financial strength17th percentile among SIC peers · 4/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.56× · 16/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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16321Oljar Ltd
37
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.

Employees3/15 pts

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

Liquidity16/20 pts

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

Longevity4/15 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 31/07/2024

Net Worth

-£682

Balance sheet strength

Cash

£191

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£5k

Current Liabilities

£3k

Fixed Assets

£2k

1avg. employees-1

Tax at Year End

Corp tax£24

Balance Sheet

Assets less current liabilities£4k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20241.56
20232.59

Derived from filed accounts. Not audited figures.