Back to search

Olamo Ltd

08573009

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

SHIFTWORKS, CHESTER, CH1 4EE
Incorporated 17/06/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47770
Retail sale of watches and jewellery in specialised stores

Officers

Mr Lee Lewis Hooson

director · Since 18/06/2013

NONE

BRITISH · UNITED KINGDOM · Age 64

Also on 4 other boards

Mrs Maureen Frances Hooson

director · Since 18/06/2013

NONE

BRITISH · ENGLAND · Age 64

Also on 1 other board

Persons with Significant Control

Mr Lee Lewis Hooson

25–50% shares

British · United Kingdom · Age 64

Shiftworks, 14 Upper Northgate Street, Chester, CH1 4EE

Notified 19/10/2018

Mrs Maureen Frances Hooson

25–50% shares

British · United Kingdom · Age 64

Shiftworks, 14 Upper Northgate Street, Chester, CH1 4EE

Notified 19/10/2018

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/09/2021Registered 06/09/2021Satisfied 31/05/2023

CompanyRankvs 3947+ SIC 47770 peers
33

Financial strength2th percentile among SIC peers · 1/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 pts

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

Liquidity2/20 pts

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

Longevity13/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

-£248k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£248k

Working capital

Current Assets

£16k

Current Liabilities

£263k

0avg. employees-6

Balance Sheet

Assets less current liabilities-£248k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.06-£502k
20230.32

Derived from filed accounts. Not audited figures.