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Oilmews Limited

08861563

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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

1 QUEENS PARADE, LONDON, N11 2DN
Incorporated 27/01/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Daniel John Teague

secretary · Since 05/09/2014

Also on 12 other boards

Mr Daniel John Teague

director · Since 05/09/2014

SOLICITOR

BRITISH · SCOTLAND · Age 44

Also on 12 other boards

Mr Shane David Teague

director · Since 05/09/2014

BUILDER

BRITISH · SCOTLAND · Age 46

Also on 12 other boards

Persons with Significant Control

Mr Daniel John Teague

25–50% shares

British · England · Age 44

1, Queens Parade, Brownlow Road, London, N11 2DN

Notified 06/04/2016

Mr Shane David Teague

25–50% shares

British · England · Age 46

1, Queens Parade, Brownlow Road, London, N11 2DN

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

SGBD PROPERTY HOLDINGS LIMITED

Created 08/12/2020Registered 10/12/2020Satisfied 28/09/2022
Charge
satisfied

CAPABILITY SCOTLAND

Created 07/09/2017Registered 12/09/2017Satisfied 14/12/2018
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/09/2017Registered 11/09/2017Satisfied 31/05/2018
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/01/2017Registered 16/01/2017Satisfied 31/05/2018
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/12/2016Registered 21/12/2016Satisfied 31/05/2018
Charge
satisfied

BARCLAYS BANK PLC

Created 06/09/2016Registered 15/09/2016Satisfied 07/12/2018
Charge
satisfied

BARCLAYS BANK PLC

Created 07/07/2016Registered 28/07/2016Satisfied 11/03/2017
Charge
satisfied

CAPABILITY SCOTLAND

Created 12/07/2016Registered 13/07/2016Satisfied 14/12/2018

CompanyRankvs 46580+ SIC 41100 peers
38

Financial strength52th percentile among SIC peers · 13/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength13/25 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.

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.

Longevity12/15 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

and fair view. The financial statements are prepared in sterling , which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £. 1.2 Going concern Management true has determined that there is no material uncertainty that casts doubt on the entity’s ability to continue as a going concern . 1.3 Turnover Turnover represents amounts re

Key FinancialsYear ending 30/09/2024

Net Worth

£700

Balance sheet strength

Cash

£71k

Cash in the bank

Net Current Assets

-£1.1M

Working capital

Current Assets

£1.7M

Current Liabilities

£2.8M

Debtors

£14k

0avg. employees-2

Tax at Year End

Corp tax£34k

Balance Sheet

Assets less current liabilities£4.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.59
20230.96
20221.38
20211.90
2020481.53
20193197.68
201825.95

Derived from filed accounts. Not audited figures.