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Olney Care Homes Limited

05159152

active
Private Limited Company
england wales
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

5 IMPERIAL COURT, LUTON, LU4 8FE
Incorporated 21/06/2004

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 21/06/2025

Due 05/07/2026

On track

Industry

87200
Residential care activities for mental health, substance abuse and intellectual disabilities

Officers

Dr Ashok Kumar Sahdev

secretary · Since 21/06/2004

G P

BRITISH · UNITED KINGDOM · Age 72

Also on 7 other boards

Dr Ashok Kumar Sahdev

director · Since 20/10/2020

DIRECTOR

BRITISH · PORTUGAL · Age 72

Also on 7 other boards

Persons with Significant Control

Dr Kusum Lata Sahdev

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

British · United Kingdom · Age 68

5 Imperial Court, Laporte Way, Luton, LU4 8FE

Notified 01/07/2016

Dr Ashok Kumar Sahdev

Significant control

British · Portugal · Age 72

5 Imperial Court, Laporte Way, Luton, LU4 8FE

Notified 20/10/2020

Charges4 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 06/11/2014Registered 11/11/2014
Charge
outstanding

LLOYDS BANK PLC

Created 28/10/2014Registered 06/11/2014
charge
outstanding

HSBC BANK PLC

Created 01/02/2005Registered 03/02/2005
charge
outstanding

HSBC BANK PLC

Created 12/01/2005Registered 15/01/2005

CompanyRankvs 1291+ SIC 87200 peers
59

Financial strength93th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.05× · 2/20
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 strength23/25 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.

Liquidity2/20 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 30/11/2024

Net Worth

£249k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£484k

Working capital

Current Assets

£25k

Current Liabilities

£509k

Fixed Assets

£883k

Debtors

£24k

24avg. employees

Balance Sheet

Bank loans & overdrafts£184k
Assets less current liabilities£399k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.05-£227k
20230.19+£32k
20220.23+£71k
20210.21+£23k
20200.83+£52k
20190.80+£34k
20180.83

Derived from filed accounts. Not audited figures.