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Web Oil Limited

07964787

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

BALTIC WORKS,, HARTLEPOOL, TS25 1PW
Incorporated 24/02/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

99999
Dormant company

Officers

Mr Gary Martin Nicholl

director · Since 24/02/2012

DIRECTOR

BRITISH · NORTHERN IRELAND · Age 58

Also on 23 other boards

Mr Colin Anthony Nicholl

director · Since 16/06/2014

COMPANY DIRECTOR

IRISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Mr Charles Frederick Peart

director · Since 01/06/2025

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 13 other boards

Mr Roger David Hunter Peart

director · Since 06/06/2025

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 8 other boards

Persons with Significant Control

Nicholl (Fuel Oils) Limited

25–50% shares
25–50% votes

176, Clooney Road, Londonderry, BT47 3DY

Reg: Ni005816 · Northern Ireland · Limited Company

Notified 06/04/2016

Your Nrg Ltd

75–100% shares
75–100% votes

Your Nrg Ltd, Baltic Street, Hartlepool, TS25 1PW

Reg: 06263424 · Companies House · Limited Company

Notified 06/06/2025

Charges1 outstanding

Charge
outstanding

ULSTER BANK LIMITED

Created 02/02/2017Registered 06/02/2017

CompanyRankvs 960+ SIC 99999 peers
61

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.24× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -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.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/05/2024

Turnover

£30.3M

Annual revenue

Net Worth

£2.0M

Balance sheet strength

Cash

£5.5M

Cash in the bank

Profit Before Tax

£317k

Bottom line earnings

Net Current Assets

£1.8M

Working capital

Current Assets

£9.4M

Current Liabilities

£7.6M

Fixed Assets

£195k

Debtors

£13k

Cost of Sales

£28.3M

Gross Profit

£2.0M

Admin Expenses

£577k

Operating Profit

£161k

Profit After Tax

£238k

19avg. employees-3

Tax at Year End

Corp tax£105k

People Costs

Wages & salaries£723k

Balance Sheet

Assets less current liabilities£2.0M
Prepared with Sage Accounts Production 23.1 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.24+£238k
20231.20+£631k
20221.10+£443k
20211.05

Derived from filed accounts. Not audited figures.