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Oilfield Testing Services Limited

04210596

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

QUALTEST HOUSE, INDUSTRIAL ESTATE GREAT YARMOUTH, NR31 0NU
Incorporated 03/05/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Peter Gerald John Furlong

director · Since 01/04/2006

MANAGER

BRITISH · UNITED KINGDOM · Age 73

Persons with Significant Control

Mr Peter Gerald John Furlong

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

British · United Kingdom · Age 73

Trafalgar House, Lady Hamilton Lane, Great Yarmouth, NR29 3NB

Notified 01/05/2017

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 20/10/2009Registered 21/10/2009

CompanyRankvs 126+ SIC 74909 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 17.32× · 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 strength25/25 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 31/03/2025

Net Worth

£2.2M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£1.7M

Current Liabilities

£100k

Fixed Assets

£600k

Debtors

£442k

15avg. employees+1

Balance Sheet

Assets less current liabilities£2.2M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
202517.32-£119k
202417.04-£82k
202329.85-£51k
20229.58-£189k
202111.04+£32k
20205.69

Derived from filed accounts. Not audited figures.