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Oilfield Services Ts Limited

09291501

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

MEDINA HOUSE, BRIDLINGTON, YO16 4LZ
Incorporated 03/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Thomas Richard Siddans

director · Since 03/11/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 1 other board

Persons with Significant Control

Mr Thomas Richard Siddans

75–100% shares
75–100% votes

British · England · Age 49

Holt Farm, Stainton Lane, Lincoln, LN3 5BL

Notified 06/04/2016

CompanyRankvs 3973+ SIC 71129 peers
72

Financial strength84th percentile among SIC peers · 21/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 3.98× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees4/15 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.

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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

£86k

Balance sheet strength

Cash

£112k

Cash in the bank

Net Current Assets

£86k

Working capital

Current Assets

£115k

Current Liabilities

£29k

Debtors

£3k

1avg. employees

Balance Sheet

Assets less current liabilities£86k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.98-£34k
20233.78-£13k
20223.35+£28k
20212.08+£25k
20200.89-£386
20193.15+£10k
20181.80

Derived from filed accounts. Not audited figures.