O'Hara Edible Oils Ltd
06569034
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 24/03/2025
director · Since 24/03/2025
DIRECTOR
IRISH · ENGLAND · Age 56
Also on 3 other boards
Persons with Significant Control
Former PSCs
Mrs Beverley Ann O'Hara
Ceased 24/03/2025
Mr Joseph Patrick O' Hara
Ceased 24/03/2025
CompanyRankvs 56470+ SIC 82990 peers75
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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.
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
March 2025, the company was sold under a share purchase agreement as part of a wider transaction that included another group company. The directors have assessed the companys ability to continue as a going concern and are satisfied that it will continue trading under its new ownership. Accordingly, it is appropriate to prepare the accounts on a going concern basis. 2
Key FinancialsYear ending 21/03/2025
Net Worth
£2.0M
Balance sheet strength
Cash
£1.4M
Cash in the bank
Net Current Assets
£2.0M
Working capital
Current Assets
£2.5M
Current Liabilities
£549k
Fixed Assets
£16k
Debtors
£1.0M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.57 | +£123k |
| 2024 | 3.99 | +£245k |
| 2023 | 3.96 | +£298k |
| 2022 | 2.33 | +£370k |
| 2021 | 5.05 | +£114k |
| 2020 | 2.75 | +£6k |
| 2019 | 2.37 | +£87k |
| 2018 | 2.73 | — |
Derived from filed accounts. Not audited figures.