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Oil Installations Limited

04765403

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

28 WILTON ROAD, BEXHILL-ON-SEA, TN40 1EZ
Incorporated 15/05/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Victoria Louise Peacock

secretary · Since 15/05/2003

ADMINISTRATION

BRITISH · Age 54

Mr James Stephen Peacock

director · Since 15/05/2003

PLUMBLING

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Mr James Stephen Peacock

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

British · England · Age 58

28 Wilton Road, Bexhill On Sea, TN40 1EZ

Notified 06/04/2016

CompanyRankvs 12448+ SIC 43220 peers
49

Financial strength57th percentile among SIC peers · 14/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.35× · 12/20
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 strength14/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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

fall due for the foreseeable future. In reaching this conclusion he considers that no material uncertainty exists. As a result, the director has concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements. Turnover Turnover represents invoices raised in respect of plumbing and heating services provided. Turnover is recognised at the point

Key FinancialsYear ending 31/03/2025

Net Worth

£9k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£30k

Current Liabilities

£22k

Fixed Assets

£1k

Debtors

£8k

Profit After Tax

£33k

1avg. employees

Tax at Year End

Corp tax£8k
VAT£5k
Dividends paid£32k

Director Loans

Company owes directors£3k

Balance Sheet

Assets less current liabilities£9k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.35+£891£93k
20241.40£50k
20230.88
20221.21+£222
20211.12

Derived from filed accounts. Not audited figures.