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OLA ELECTRIC UK PRIVATE LIMITED Financials

Company number
13148784Copy
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Registered office
1 London Street, Reading RG1 4PN
Incorporated
21/01/2021

Company snapshot

Status
Active
Employees
9 (2025)
Latest financial data
2025
Accounts type
Small

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2025.

Net Assets

£10.35M2025
73.37%vs 2024

2024: £5.97M

Total Assets

£10.67M2025
64.31%vs 2024

2024: £6.50M

Cash in Bank

£1.31M2025
1.27K%vs 2024

2024: £95.69K

Total Liabilities

£325.39K2025
-38.25%vs 2024

2024: £526.96K

Employees

92025
-8vs 2024

2024: 17

In 2025, OLA ELECTRIC UK PRIVATE LIMITED reported net assets of £10.35M. The same filing shows total assets of £10.67M, cash in bank of £1.31M and total liabilities of £325.39K. Reported headcount was 9 in 2025. Net Assets rose from £5.97M in 2024 to £10.35M in 2025 (73.37%). Okredo holds filed figures for 2022–2025; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£10.35M2025
73.37%from £5.97M in 2024

Year-on-year change

Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures OLA ELECTRIC UK PRIVATE LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£3.22M2023£10.35M2025
+221%vs 2023

+79.3% a year compound (CAGR)

Cash in Bank

£289.16K2023£1.31M2025
+352%vs 2023

+113% a year compound (CAGR)

Total Assets

£3.51M2023£10.67M2025
+204%vs 2023

+74.3% a year compound (CAGR)

Total Liabilities

£293.64K2023£325.39K2025
+10.8%vs 2023

+5.3% a year compound (CAGR)

Employees

14202392025
-35.7%vs 2023-5

Biggest increase

Cash in Bank+352%

£289.16K in 2023 to £1.31M in 2025

Biggest decrease

Employees-35.7%

14 in 2023 to 9 in 2025

OLA ELECTRIC UK PRIVATE LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from OLA ELECTRIC UK PRIVATE LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
96.95%2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
3.05%2025
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
402.11%2025
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
12.26%2025
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for OLA ELECTRIC UK PRIVATE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2022202320242025
Net Assets£-113.76K3.22M5.97M10.35M
Total Assets£59.67K3.51M6.50M10.67M
Cash in Bank£59.67K289.16K95.69K1.31M
Total Liabilities£173.42K293.64K526.96K325.39K
Employees114179

OLA ELECTRIC UK PRIVATE LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for OLA ELECTRIC UK PRIVATE LIMITED covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.

OLA ELECTRIC UK PRIVATE LIMITED reported net assets of £10.35M for 2025. That compares with £5.97M in 2024, a change of 73.37%.

OLA ELECTRIC UK PRIVATE LIMITED reported total assets of £10.67M for 2025. That compares with £6.50M in 2024, a change of 64.31%.

OLA ELECTRIC UK PRIVATE LIMITED reported cash in bank of £1.31M for 2025. That compares with £95.69K in 2024, a change of 1.27K%.

OLA ELECTRIC UK PRIVATE LIMITED reported 9 employees in 2025, compared with 17 in 2024.

Between 2023 and 2025, OLA ELECTRIC UK PRIVATE LIMITED's net assets rose by 221%, cash in bank rose by 352%, total assets rose by 204% and total liabilities rose by 10.8%. Net assets compounded at 79.3% a year across the two years to 2025, from £3.22M to £10.35M. Reported headcount went from 14 in 2023 to 9 in 2025 (-5).

Okredo holds reported figures for the years 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.