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O'Hara Edible Oils Ltd

06569034

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

OLLECO NORTHAMPTON ROAD, NORTHAMPTON, NN7 3DR
Incorporated 17/04/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Ms Janet Jennings

secretary · Since 24/03/2025

Mr Norman Heskin

director · Since 24/03/2025

DIRECTOR

IRISH · ENGLAND · Age 61

Also on 42 other boards

Mr Joseph Noel Kenny

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 peers
75

Financial strength98th percentile among SIC peers · 25/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 4.57× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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

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

2avg. employees

Balance Sheet

Assets less current liabilities£2.0M
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.57+£123k
20243.99+£245k
20233.96+£298k
20222.33+£370k
20215.05+£114k
20202.75+£6k
20192.37+£87k
20182.73

Derived from filed accounts. Not audited figures.