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Oeg Training Limited

07156267

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

YARMOUTH BUSINESS PARK, THAMESFIELD WAY, NORFOLK, NR31 0ER
Incorporated 12/02/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr John Miller Heiton

director · Since 25/07/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 3 other boards

Mr Thomas Anthony Murray

director · Since 18/10/2024

ACCOUNTANT

BRITISH · ENGLAND · Age 58

Also on 41 other boards

Persons with Significant Control

Ops Group Holdings Ltd

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

7, Leckwith Road, Bootle, L30 6UF

Reg: 10371557 · England And Wales · Private Company Limited By Shares

Notified 11/02/2024

Former PSCs

Mr Paul Raymond Jones

Ceased 11/02/2024

Mr David Robert Jones

Ceased 11/02/2024

Charges0 outstanding

Charge
satisfied

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Created 19/06/2019Registered 20/06/2019Satisfied 29/01/2024
Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 09/03/2017Registered 14/03/2017Satisfied 05/02/2025
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/04/2016Registered 06/05/2016Satisfied 29/01/2024
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/04/2016Registered 29/04/2016Satisfied 30/01/2020
Charge
satisfied

BARCLAYS BANK PLC

Created 26/09/2014Registered 06/10/2014Satisfied 15/02/2017

CompanyRankvs 70+ SIC 43341 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.41× · 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.

Employees15/15 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

are free from material misstatement, whether due to fraud or error. In preparing the financial statements , the directors are responsible for assessing the company ' s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease opera

Key FinancialsYear ending 31/07/2024

Net Worth

£5.7M

Balance sheet strength

Cash

£2.0M

Cash in the bank

Profit Before Tax

£1.4M

Bottom line earnings

Net Current Assets

£5.4M

Working capital

Current Assets

£7.6M

Current Liabilities

£2.2M

Fixed Assets

£419k

Debtors

£5.6M

Admin Expenses

£1.1M

Profit After Tax

£990k

100avg. employees+2

Tax at Year End

Corp tax£908k
Dividends paid£711k

People Costs

Wages & salaries£2.5M

Balance Sheet

Bank loans & overdrafts£0
Assets less current liabilities£5.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.41+£278k
20233.25+£1.6M
20222.72+£1.6M
20212.73+£705k
20202.20+£269k
20192.42+£409k
20181.66

Derived from filed accounts. Not audited figures.