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Olea Care Ltd

08047704

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

20 TORKINGTON ROAD, STOCKPORT, SK7 4RQ
Incorporated 26/04/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55900
Other accommodation

Officers

Mr Gary William Claffey

director · Since 26/04/2012

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 4 other boards

Louise Ann Claffey

secretary · Since 19/01/2021

Mrs Laura Claffey

director · Since 24/06/2024

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Persons with Significant Control

Olea Holdings Limited

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

20 Torkington Road, Hazel Grove, Stockport, SK7 4RQ

Reg: 15514113 · Companies House · Private Limited Company

Notified 01/04/2026

Former PSCs

Mr Gary William Claffey

Ceased 01/04/2026

Mrs Helen Elizabeth Claffey

Ceased 06/04/2020

Mrs Laura Claffey

Ceased 01/04/2026

Charges2 outstanding

Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 05/07/2013Registered 09/07/2013
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 04/07/2013Registered 06/07/2013

CompanyRankvs 71+ SIC 55900 peers
69

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.03× · 20/20
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.

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.

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 30/09/2024

Turnover

£3.7M

Annual revenue

Net Worth

£2.0M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Profit Before Tax

£479k

Bottom line earnings

Net Current Assets

£694k

Working capital

Current Assets

£1.4M

Current Liabilities

£673k

Fixed Assets

£4.0M

Debtors

£232k

Cost of Sales

£222k

Gross Profit

£3.5M

Admin Expenses

£2.9M

Operating Profit

£663k

Profit After Tax

£336k

75avg. employees+1

Tax at Year End

Corp tax£139k
Dividends paid£63k

People Costs

Wages & salaries£1.8M

Balance Sheet

Bank loans & overdrafts£126k
Assets less current liabilities£4.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.03+£273k
20231.56+£270k
20221.20+£390k
20211.22-£925k
20203.63+£566k
20193.09+£449k
20181.86

Derived from filed accounts. Not audited figures.