Back to search

The Oil Club Limited

07591051

active
ltd
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

C/O Glx, 69-75 Thorpe Road, Norwich, NR1 1UA
Incorporated 05/04/2011

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 28/10/2025

Due 11/11/2026

On track

Industry

46120
Agents involved in the sale of fuels, ores, metals and industrial chemicals

Officers

Mr Christopher Brown

director · Since 05/04/2011

CUSTOMER SERVICE

BRITISH · ENGLAND · Age 60

Also on 4 other boards

Mr Michael Lee Johnson Goff

director · Since 06/05/2021

ACCOUNTANT

BRITISH · ENGLAND · Age 71

Also on 23 other boards

Persons with Significant Control

Opengate Solutions Limited

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

Winnington House, 2 Woodberry Grove, London, N12 0DR

Reg: 13333653 · The Registrar Of Companies · Private Limited Company

Notified 06/05/2021

Former PSCs

Mr Christopher Michael Brown

Ceased 06/05/2021

Mrs Sally Amanda Bishopp

Ceased 06/05/2021

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 26/07/2021Registered 04/08/2021

Change History

statusactive
2026-08-11

Active

typeltd
2026-08-11

Private Limited Company

address line1C/O Glx
2026-08-11

C/O GLX

post townNorwich
2026-08-11

NORWICH

CompanyRankvs 720+ SIC 46120 peers
39

Financial strength1th percentile among SIC peers · 0/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength0/25 pts

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

Employees13/15 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 30/09/2025

Net Worth

-£397k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

-£400k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.6M

Fixed Assets

£4k

Debtors

£1.2M

4avg. employees

Balance Sheet

Assets less current liabilities-£396k
Signed by Mr M Goff 26/06/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.75-£506k
20241.10+£71k
20231.13

Derived from filed accounts. Not audited figures.