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Oaktree Electrical Limited

03242227

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

SECOND FLOOR SOUTH THE FITTED RIGGING HOUSE, CHATHAM, ME4 4TZ
Incorporated 27/08/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Tony Sean Usher

director · Since 27/08/1996

DIRECTOR

BRITISH · Age 60

Persons with Significant Control

Mr Tony Sean Usher

50–75% shares
50–75% votes

British · England · Age 60

Second Floor South, The Fitted Rigging House, Chatham, ME4 4TZ

Notified 06/04/2016

Mrs Elizabeth Jane Usher

25–50% shares
25–50% votes

British · England · Age 59

Second Floor South, The Fitted Rigging House, Chatham, ME4 4TZ

Notified 25/06/2024

Former PSCs

Mr Perry Martin Mills

Ceased 04/12/2018

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 10/12/2018Registered 10/12/2018
Charge
outstanding

HSBC BANK PLC

Created 05/06/2014Registered 07/06/2014
charge
satisfied

HSBC BANK PLC

Created 29/09/2006Registered 03/10/2006Satisfied 25/10/2018
charge
satisfied

HSBC BANK PLC

Created 08/09/2005Registered 22/09/2005Satisfied 25/10/2018
charge
satisfied

MIDLAND BANK PLC

Created 24/06/1998Registered 26/06/1998Satisfied 25/10/2018
charge
satisfied

MIDLAND BANK PLC

Created 18/04/1998Registered 01/05/1998Satisfied 02/06/2011

CompanyRankvs 334+ SIC 43210 peers
79

Financial strength96th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.11× · 20/20
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.

Liquidity20/20 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 30/09/2024

Net Worth

£515k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£298k

Working capital

Current Assets

£567k

Current Liabilities

£268k

Fixed Assets

£255k

Debtors

£554k

Profit After Tax

£115k

16avg. employees+1

Tax at Year End

Dividends paid£64k

Balance Sheet

Assets less current liabilities£553k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.11+£51k
20231.41-£101k
20221.59+£138k
20211.54

Derived from filed accounts. Not audited figures.