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Oil Plus Limited

01386979

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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

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

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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
charge
satisfied

BARCLAYS BANK PLC

Created 12/04/1994Registered 19/04/1994Satisfied 07/10/1998

CompanyRankvs 337+ 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+£706k
20191.13+£213k
20180.98

Derived from filed accounts. Not audited figures.