Ojal Corporations Ltd

Ojal Corporations Ltd is a small, active company based in Hampshire, UK, founded two years ago in February 2023. It’s a solo-founder operation with one director and owner, Jatana Harpreet Kaur, and operates from a real address in Fareham. The company’s status is active, and it meets the criteria for a small business – turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company's website, Ojal Corporation Equities and Investments, is currently unfunctional, requiring JavaScript to run. This suggests a potential lack of investment in its online presence, or perhaps a temporary issue. The site’s name implies a broader scope than its core business, which appears to be retail sale via mail order houses or via internet. It's unclear if the "Equities and Investments" aspect is a current or planned venture.

Financially, Ojal Corporations Ltd presents a mixed picture. Cash bank on hand remained steady at £1,600, but advances credits from directors decreased significantly, moving from a credit of £21,000 to a debit of -£21,000. Creditors also increased to £21,000. Equity, however, is negative at -£18,000, indicating the company is burning through capital. While the company’s property, plant, and equipment remained consistent at £1,200, the increase in trade debtors suggests potential difficulties in collecting payments. The company is exempt from an audit, and the accounts are unaudited.

Overall, Ojal Corporations Ltd seems to be facing financial challenges, possibly due to a reliance on director loans and a negative equity position. While the company’s core retail business appears to be operational, the lack of a functional website and the negative financial trends raise concerns about its long-term sustainability.

Registered in England/Wales under the registration number 14686141, with a registered address at PO16 0EN, United Kingdom, Hampshire, 203 West Street, Fareham.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.