Olsen Engineering Uk Ltd
05021350
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/01/2005
ENGINEER
BRITISH · WALES · Age 53
Also on 5 other boards
Persons with Significant Control
Mr Piers Olsen
British · United Kingdom · Age 53
The Innovation Centre, Sci-Tech Daresbury, Keckwick Lane, Warrington, WA4 4FS
Notified 21/10/2019
Former PSCs
Olsen Engineering Group Ltd
Ceased 21/10/2019
Charges0 outstanding
FINANCE WALES INVESTMENTS (6) LIMITED
CompanyRankvs 5902+ SIC 74909 peers76
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
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
£81k
Balance sheet strength
Cash
£73k
Cash in the bank
Net Current Assets
£79k
Working capital
Current Assets
£111k
Current Liabilities
£32k
Fixed Assets
£2k
Debtors
£37k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 3.44 | +£71k | £19k |
| 2024 | 1.33 | -£7k | £10k |
| 2023 | 1.36 | -£28k | — |
| 2022 | 1.45 | -£423 | — |
| 2021 | 2.10 | +£3k | — |
| 2020 | 1.12 | +£7k | — |
| 2019 | 1.11 | — | — |
Derived from filed accounts. Not audited figures.