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Oldbury It Solutions Limited

06247291

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

LOVEJOYS, THATCHAM, RG18 9XQ
Incorporated 15/05/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Liam Fahey

director · Since 10/08/2007

IT CONSULTANT

BRITISH · WALES · Age 60

Mr Victor Hormuz Mistry

director · Since 10/08/2007

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 25 other boards

Mr Edward Peter Blackman

director · Since 22/02/2013

PROJECT MANAGER

BRITISH · ENGLAND · Age 45

Ms Nicola Griffiths

director · Since 01/11/2014

BUSINESS PROJECT MANAGER

ENGLISH · ENGLAND · Age 63

Persons with Significant Control

Mr Victor Hormuz Mistry

Significant control

British · England · Age 68

Lovejoys, Frilsham, Thatcham, RG18 9XQ

Notified 01/12/2016

Charges0 outstanding

Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 25/06/2020Registered 30/06/2020Satisfied 13/11/2022
Charge
satisfied

BARCLAYS BANK PLC

Created 30/11/2015Registered 11/12/2015Satisfied 13/11/2022

CompanyRankvs 9886+ SIC 62020 peers
80

Financial strength80th percentile among SIC peers · 20/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.69× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 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.

Liquidity16/20 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.

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

Key FinancialsYear ending 31/05/2025

Turnover

£387k

Annual revenue

Net Worth

£53k

Balance sheet strength

Cash

£156k

Cash in the bank

Profit Before Tax

£43k

Bottom line earnings

Net Current Assets

£64k

Working capital

Current Assets

£156k

Current Liabilities

£92k

Fixed Assets

£11k

Cost of Sales

£326k

Gross Profit

£61k

Admin Expenses

£18k

Operating Profit

£43k

Profit After Tax

£35k

4avg. employees

Tax at Year End(2024)

Dividends paid£30k

Balance Sheet

Assets less current liabilities£75k
Prepared with BTCSoftware AP Solution 2025 12.2.02

EstimatesDerived

YearCurrent RatioImplied Profit
20251.69+£0
20251.69+£35k
20241.41+£4k
20233.43-£24k
20226.28+£9k
20215.51+£5k
20204.33+£13k
20191.52-£10k
20184.09

Derived from filed accounts. Not audited figures.