Back to search

Ovalseal Limited

02358974

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

6-8 OLD HALL ROAD, GATLEY, CHESHIRE, SK8 4BE
Incorporated 10/03/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Michael Denis Hartey

director · Since 31/03/1992

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 6 other boards

Randomlight Limited

secretary · Since 01/08/2007

BRITISH

Persons with Significant Control

Mr Michael Denis Hartey

75–100% shares
75–100% votes
Appoint directors

British · England · Age 70

6/8 Old Hall Road, Gatley, Cheadle, SK8 4BE

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 08/09/2015Registered 25/09/2015
Charge
satisfied

OVEALSEAL LIMITED

Created 08/09/2015Registered 15/09/2015Satisfied 28/09/2015

CompanyRankvs 8970+ SIC 70100 peers
30

Financial strength18th percentile among SIC peers · 5/25
Employees100th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
1Bibby Line Group Limited
90
2Lea Redway Limited
90
3Saria Limited
90
4J.R. Rix & Sons Limited
90
5G.R. Lane Holdings Limited
90
6Nidec Control Techniques Limited
90
7Langham Industries Limited
90
8Hunt Group Limited
90
9Sfs Group Fastening Technology Limited
90
10James T Blakeman & Co (Holdings) Limited
90
8970Ovalseal Limited
50
How is this score calculated?
Financial strength5/25 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.

Liquidity0/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 31/03/2025

Net Worth

£2

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£155k

Working capital

Current Assets

—

Current Liabilities

£258k

Fixed Assets

£30k

Debtors

£413k

Profit After Tax

£1.6M

489avg. employees+22

Tax at Year End

Dividends paid£10k

People Costs(2020)

Wages & salaries£11.3M
NI contributions£653k

Balance Sheet

Assets less current liabilities£185k
Prepared with IRIS Accounts Production