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Oil Facilities Limited

06360712

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 34 VALE BUSINESS PARK, COWBRIDGE, CF71 7PF
Incorporated 04/09/2007

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 04/09/2025

Due 18/09/2026

On track

Industry

39000
Remediation activities and other waste management services
41100
Development of building projects
43220
Plumbing, heat and air-conditioning installation

Officers

Tim Griffin

secretary · Since 19/12/2007

ADMINISTRATOR

BRITISH · Age 66

Mr Timothy Griffin

director · Since 01/09/2008

DIRECTOR

WELSH · WALES · Age 66

Also on 7 other boards

Mr Mark Adrian Griffin

director · Since 27/08/2018

TECHNICAL DIRECTOR

WELSH · WALES · Age 62

Also on 4 other boards

Persons with Significant Control

Mr Timothy Arthur Griffin

25–50% shares
25–50% votes

Welsh · Wales · Age 66

Unit 34, Vale Business Park, Cowbridge, CF71 7PF

Notified 01/06/2016

Mr Mark Adrian Griffin

50–75% votes

Welsh · Wales · Age 62

Unit 34, Vale Business Park, Cowbridge, CF71 7PF

Notified 01/06/2016

Mrs Julie Griffin

Significant control

Welsh · Wales · Age 59

Channel View, Wick Road, Llantwit Major, CF61 1YU

Notified 01/06/2016

Mrs Rowena Jones Griffin

Significant control

Welsh · Wales · Age 70

18 Darren Close, Darren Close, Cowbridge, CF71 7DE

Notified 01/06/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 09/05/2022Registered 11/05/2022

CompanyRankvs 1396+ SIC 39000 peers
41

Financial strength3th percentile among SIC peers · 1/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.77× · 6/20
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 strength1/25 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.

Liquidity6/20 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 31/03/2026

Net Worth

-£118k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£127k

Working capital

Current Assets

£430k

Current Liabilities

£557k

Fixed Assets

£56k

Debtors

£408k

15avg. employees-3

Balance Sheet

Assets less current liabilities-£71k
Signed by Mr T A Griffin 08/06/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20260.77+£105k
20240.82-£301k
20232.01—

Derived from filed accounts. Not audited figures.