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Owen Oil Tools (U.K.) Limited

03691954

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

C/O TMF GROUP, 13TH FLOOR, LONDON, EC2R 7HJ
Incorporated 05/01/1999

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/01/2026

Due 19/01/2027

On track

Industry

46140
Agents involved in the sale of machinery, industrial equipment, ships and aircraft

Officers

Mrs Jacqueline Watson

director · Since 31/07/2009

FINANCIAL CONTROLLER

BRITISH · SCOTLAND · Age 56

Also on 10 other boards

Tmf Corporate Administration Services Limited

secretary · Since 01/10/2009

BRITISH

Also on 1295 other boards

Mr Alastair Crombie

director · Since 31/05/2024

PRESIDENT PETROLEUM SERVICES

BRITISH · UNITED STATES · Age 56

Also on 6 other boards

Persons with Significant Control

Core Laboratories (U.K.) Limited

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

C/O Tmf Group, 13th Floor, London, EC2R 7HJ

Reg: 02924532 · Companies House · Limited By Shares

Notified 06/04/2016

CompanyRankvs 862+ SIC 46140 peers
59

Financial strength21th percentile among SIC peers · 5/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.33× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees14/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£2

Balance sheet strength

Cash

£10k

Cash in the bank

Profit Before Tax

-£884k

Bottom line earnings

Net Current Assets

£2.7M

Working capital

Current Assets

£4.7M

Current Liabilities

£2.0M

Fixed Assets

£52k

Debtors

£2.9M

Cost of Sales

£7.5M

Admin Expenses

£695k

Profit After Tax

-£884k

8avg. employees

Balance Sheet

Assets less current liabilities£2.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20242.33
20230.78

Derived from filed accounts. Not audited figures.