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Westburne Oil Limited

01021630

active
Private Limited Company
Companies House
Health Score
60 / 100

Some Concerns

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

Details

FLAT 18 NEW RIVER HEAD, LONDON, EC1R 4UJ
Incorporated 19/08/1971

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

09100
Support activities for petroleum and natural gas extraction

Officers

Mr Jonathan Peter Winchcombe Hawksley

director · Since 26/03/1996

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 78

Also on 9 other boards

James Duncan Murray

director · Since 26/03/1996

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 81

Also on 63 other boards

James Duncan Murray

secretary · Since 30/09/1997

BRITISH · UNITED KINGDOM · Age 81

Also on 63 other boards

Persons with Significant Control

Mr Jonathan Peter Winchcombe Hawksley

25–50% shares

British · England · Age 78

Flat 18, Rosebery Avenue, London, EC1R 4UJ

Notified 06/04/2017

Charges14 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 26/03/1996Registered 11/04/1996
charge
outstanding

SOVEREIGN OIL & GAS PLC

Created 30/12/1993Registered 11/01/1994
charge
outstanding

THE LAW DEBENTURE TRUST CORPORATION P.L.C. (AS TRUSTEE)

Created 30/12/1993Registered 11/01/1994
charge
outstanding

SOVEREIGN OIL & GAS PLC

Created 30/12/1993Registered 11/01/1994
charge
outstanding

THE SECRETARY OF STATE FOR TRADE AND INDUSTRY

Created 30/12/1993Registered 11/01/1994
charge
outstanding

THE SECRETARY OF STATE FOR TRADE AND INDUSTRY

Created 30/12/1993Registered 11/01/1994
charge
outstanding

BARCLAYS BANK PLC (AS SECURITY AGENT FOR THE PROJECT LENDERS)

Created 13/11/1991Registered 04/12/1991
charge
outstanding

BARCLAYS BANK PLC

Created 26/01/1989Registered 15/02/1989
charge
outstanding

BARCLAYS BANK PLC

Created 26/01/1989Registered 15/02/1989
charge
outstanding

THE BANKS(AS DEFINED) AND · THE LAW DEBENTURE TRUST CORPORATION(AS TRUSTEE)

Created 26/01/1989Registered 15/02/1989
charge
outstanding

BARCLAYS BANK PLC

Created 26/01/1989Registered 15/02/1989
charge
outstanding

BARCLAYS BANK PLC ( AS PROJECT LENDERS AGENT ) AS FORTH FIXED CHARGE · BARCLAYS BANK PLC ( AS SECTION 10 CREDITORS AGENT )AS THIRD FIXED CHARGE · THE SECRETARY OF STATE FOR TRDE AND INDUSTRY AS SECOND FIXED CHARGE · BARCLAYS BANK PLC FIRST FIXED CHARGE ( AS SECTION 10 CREDITORS AGENT )

Created 26/01/1989Registered 15/02/1989
charge
outstanding

EMERALD FILED CONTRACTING LIMITED

Created 26/06/1989Registered 15/02/1989
charge
outstanding

BARCLAYS BANK PLC

Created 26/01/1989Registered 15/02/1989

CompanyRankvs 1143+ SIC 09100 peers
25

Financial strength1th percentile among SIC peers · 0/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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.

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.

Longevity15/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

-£391k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£391k

Working capital

Current Assets

£351

Current Liabilities

£391k

Fixed Assets

£0

0avg. employees

Balance Sheet

Assets less current liabilities-£391k
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00+£0
20230.00+£0
20220.00+£0
20210.00-£782k
20200.00+£782k
20190.00-£781k
20180.00+£53
20170.00

Derived from filed accounts. Not audited figures.