OLA ENERGY ETHIOPIA LIMITED Credit Check Report

Company Overview

Ola Energy Ethiopia Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 20 November 1929, so this is a well established company. Ola Energy Ethiopia Limited has been in business for 96 years and 4 months. The accounts status is full and the accounts are next due on Wednesday 30 September 2026.

Registered Address

2 New Bailey, 6 Stanley Street, Salford, Manchester, M3 5GS

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Companies House Data

Company Name	OLA ENERGY ETHIOPIA LIMITED
Company Number	00243842
Registered Office Address	2 New Bailey
	6 Stanley Street
	M3 5GS
Company Category	Private Limited Company
Company Status	Active
Country of Origin	United Kingdom
Incorporation Date	20/11/1929
Accounting Reference Date Day	31
Accounting Reference Date Month	12
Accounts Next Due Date	30/09/2026
Accounts Last Made Up Date	31/12/2024
Accounts Account Category	FULL
Returns Next Due Date	28/04/2017
Returns Last Made Up Date	31/03/2016

Previous Company Name	Changed Date
LIBYA OIL ETHIOPIA LIMITED	01 Nov 2021
SHELL ETHIOPIA LIMITED	25 Nov 2008

Directors & Members

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	Yousef Abughadada - Director (Libyan, 51 years old, born December 1975) Appointed 19 January 2025, Resigned 14 November 2025	Resigned
	Abdussalam Ahtiba - Director (Libyan, 60 years old, born June 1966) Appointed 14 November 2008, Resigned 28 March 2014	Resigned
	Peter Ankers - Director (British, 81 years old, born August 1945)	Resigned
	Ibrahim Baggar - Director (Libyan, 79 years old, born January 1947) Appointed 17 October 2010, Resigned 28 March 2014	Resigned
	Papa Barry - Director (Senegalese, 61 years old, born February 1965) Appointed 26 June 2024, Resigned 11 December 2025	Resigned
	Wulf Bernotat - Director (German, 78 years old, born September 1948)	Resigned
	Veronica Carter - Director (British, 76 years old, born October 1950) Appointed 12 March 1996, Resigned 16 July 1996	Resigned
	Alan Detheridge - Director (British, 79 years old, born October 1947) Appointed 01 August 1994, Resigned 12 March 1996	Resigned
	Donald Drysdale Anderson - Director (British, 64 years old, born May 1962) Appointed 27 February 1998, Resigned 14 April 1999	Resigned
	Yousef Elhemmali - Director (Libyan, 60 years old, born December 1966) Appointed 08 September 2021, Resigned 26 June 2024	Resigned
	Fawzi Elmghtouf - Director (Libyan, 57 years old, born January 1969) Appointed 11 December 2025	Active
	Howard Gatiss - Director (British, 68 years old, born April 1958) Appointed 12 March 1996, Resigned 15 September 1997	Resigned
	Abdalla Gendil - Director (Libyan, 65 years old, born January 1961) Appointed 19 January 2025	Active
	Alan Goldsmith - Director (British, 78 years old, born April 1948)	Resigned
	Willem Grasso - Director (Dutch, 84 years old, born February 1942) Appointed 24 April 1995, Resigned 12 March 1996	Resigned
	David Green - Director (British, 78 years old, born July 1948) Appointed 01 December 1993, Resigned 12 March 1996	Resigned
	Moulaye Haidara - Director (Ivorian, 62 years old, born May 1964) Appointed 27 January 2020, Resigned 26 June 2024	Resigned
	Elnass Hassan - Director (Libyan, 57 years old, born November 1969) Appointed 17 October 2010, Resigned 28 March 2014	Resigned
	Sedick Kalam - Director (South African, 74 years old, born September 1952) Appointed 31 October 1996, Resigned 29 September 1997	Resigned
	Elmarimi Kashim - Director (Libyan, 73 years old, born December 1953) Appointed 02 March 2012, Resigned 27 January 2020	Resigned
	Salem Kazouz - Director (Libyan, 46 years old, born February 1980) Appointed 26 June 2024	Active
	Frederik Kool - Director (Netherlands, 79 years old, born August 1947) Appointed 23 August 1996, Resigned 27 July 2000	Resigned
	Bernard Leyraud - Director (French, 82 years old, born January 1944) Appointed 12 March 1996, Resigned 30 June 2000	Resigned
	Banji Ogungbemi - Director (Nigerian, 76 years old, born October 1950) Appointed 03 October 1997, Resigned 07 March 2000	Resigned
	Rodney Pearse - Director (Australian, 80 years old, born October 1946) Appointed 18 January 1993, Resigned 01 August 1994	Resigned
	Rainer Reich - Director (Austrian, 67 years old, born June 1959) Appointed 24 September 1996, Resigned 15 February 1998	Resigned
	Wendy Richards - Director (British, 69 years old, born April 1957) Appointed 12 March 1996, Resigned 22 July 1996	Resigned
	Elhashmi Said - Director (Libyan, 74 years old, born January 1952) Appointed 17 October 2010, Resigned 28 March 2014	Resigned
	Omar Samin - Director (Libyan, 70 years old, born July 1956) Appointed 01 September 2017, Resigned 08 September 2021	Resigned
	Jose Santolaya - Director (Spanish, 73 years old, born June 1953) Appointed 19 January 1999, Resigned 18 May 2000	Resigned
	Reijer Schothorst - Director (Netherlands, 67 years old, born March 1959) Appointed 17 May 1999, Resigned 30 June 2000	Resigned
	Trudy Taylor - Director (Irish, 73 years old, born March 1953) Appointed 16 July 1996, Resigned 31 October 1996	Resigned
	Martinus Ten Brink - Director (Netherlands, 66 years old, born January 1960) Appointed 29 September 1997, Resigned 01 March 1999	Resigned

Secretaries

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	Diane Penfold - Secretary (British)	Resigned
	Dipa Raivadera - Secretary (British) Appointed 03 October 1994, Resigned 26 November 1997	Resigned

Other Company Directorships

Fawzi Elmghtouf
No companies found

Abdalla Gendil
No companies found

Salem Kazouz
No companies found

Balance Sheet

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Common Size Financial Analysis

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Secured Creditors

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Public Record Information

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Exact Court Judgements

Period of Months	Last 12m	13-24m	25-36m	37-48m	49-60m	61-72m
Number of Exact CCJS	X	Y	Y	X	X	Y
Value of Exact CCJS	YXY	YK	S	S	X	KX

Supplier Credit Limits

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Date	Sector	Notified	Amount	Terms
XK-SXY	XKXYXK	SXSKXYXK	£X,000	XS XYSKS
SK-SYY	SKXYXKYKKY	KSXX KKXXYXS	£YY,000	YS XYSKS SK YXXSXS
YK-SXY	XKXYXYYK	SXSXYXK	£SX,000	XS XYSKS

Payment Records

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Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices	Paid Before 30 days due	Paid After 30 days due	Owing Before 30 days due	Owing after 30 days due
XYX	SX	K	YX	X

Company Valuation Analysis

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Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations		Valuation Measures
Estimated High Value	£XSI,000	Retained Profit	£YX,000
Estimated Mid Value	£YY,000	EBIT	£SY,000
Estimated Low Value	£X,000	EBITDA	£SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations		Valuation Measures
Estimated High Value	£XY,000	Total Assets	£XIX,000
Estimated Mid Value	£Y,000	Net Assets	£YX,000
Estimated Low Value	£S,000	Tangible Equity	£SX,000
The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist

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Business Growth	Please purchase a report to see true comments
EBITDA	Purchase a report to see true comments
Dividends	Please purchase a report to see true comments about this company
Retained Profits	Retained Profits for this company
Debt Interest	Debt Interest for this company
Cash Flow	Cash Flow for this company
CCJs	CCJs for this company
Age of Company	Age of Company for this company
Solvency	Solvency for this company
Secured Creditors	Secured Creditors for this company
Ownership	Ownership for this company

First Report Score: (0-10)

Financial Status Guide:

10			Very Strong
9			Strong
8			Very Good
7			Good
6			Above Average
5			Average
4			Below Average
3			Poor
2			Weak
1			Very Weak
0			Critical

Risk Score Trend

Risk Rating

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This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100)	X
Risk Band Description	XXMXMXMX SISX
Risk Assessment	Meeting of Creditors
Credit Rating	XSKX

Altman Z Score Credit Risk Rating

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There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score	X
Risk Band	XY
Risk Band Description	The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1	Low Risk	3.00 and above
2	Caution	2.63 - 2.99
3	Risk of Failure within 2 years	1.24 - 2.62
4	High Probability Failure	Below 1.24

Other Business around M3 5GS

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