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Oil Plus Limited

01386979

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

DOMINION HOUSE, KENNET SIDE, BERKS, RG14 5PX
Incorporated 04/09/1978

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/10/2025

Due 20/10/2026

On track

Industry

71121
Engineering design activities for industrial process and production
72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Mark James Cavanagh

director · Since 31/03/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 6 other boards

Mark Adrian Lombard

secretary · Since 01/04/2017

Mrs Victoria Cavanagh

director · Since 01/01/2019

DIRECTOR

BRITISH · SCOTLAND · Age 55

Also on 1 other board

Mr Clarke Lee Shepherd

director · Since 01/01/2019

GLOBAL BUSINESS DEVELOPMENT DIRECTOR

BRITISH · SCOTLAND · Age 44

Also on 1 other board

Persons with Significant Control

Mr Mark James Cavanagh

Significant control

British · United Kingdom · Age 57

Dominion House, Kennet Side, Berks, RG14 5PX

Notified 01/04/2017

Mrs Victoria Cavanagh

75–100% shares

British · Scotland · Age 55

10, North Silver Street, Aberdeen, AB10 1RL

Notified 01/01/2019

Former PSCs

John Crane Group Ltd

Ceased 01/04/2017

Charges1 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LIMITED

Created 31/01/2025Registered 04/02/2025
Charge
satisfied

MARKETFINANCE LIMITED

Created 12/01/2021Registered 12/01/2021Satisfied 30/01/2025
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 23/11/2020Registered 26/11/2020Satisfied 09/01/2025
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 18/05/2020Registered 23/05/2020Satisfied 09/01/2025
Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 01/12/2017Registered 06/12/2017Satisfied 03/02/2021
Charge
satisfied

BARCLAYS BANK PLC

Created 19/04/2017Registered 21/04/2017Satisfied 09/01/2025

CompanyRankvs 329+ SIC 71121 peers
75

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.73× · 16/20
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 strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 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.

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

£1.1M

Balance sheet strength

Cash

£238k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£2.5M

Current Liabilities

£1.5M

Fixed Assets

£27k

Debtors

£2.3M

14avg. employees+1

Balance Sheet

Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.73+£34k
20231.60

Derived from filed accounts. Not audited figures.