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Olut Services Ltd

09427605

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

OFFICE 104 BUSINESS CENTRE, BOGNOR REGIS, PO22 9SL
Incorporated 09/02/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86900
Other human health activities

Officers

Mr Adeyemi Olayeni Ogeleyinbo

director · Since 09/02/2015

DIRECTOR

BRITISH · ENGLAND · Age 47

Mrs Memory Ogeleyinbo

director · Since 09/02/2015

DIRECTOR

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr Adeyemi Olayeni Ogeleyinbo

25–50% shares

British · England · Age 47

2 Humber Quays, Wellington Street West, Hull, HU1 2BN

Notified 09/02/2017

Mrs Memory Ogeleyinbo

25–50% shares

British · England · Age 39

2 Humber Quays, Wellington Street West, Hull, HU1 2BN

Notified 09/02/2017

Charges0 outstanding

Charge
satisfied

ULTIMATE FINANCE LIMITED

Created 28/01/2022Registered 02/02/2022Satisfied 03/10/2025
Charge
satisfied

ULTIMATE INVOICE FINANCE LIMITED

Created 04/06/2015Registered 04/06/2015Satisfied 04/02/2022

CompanyRankvs 23630+ SIC 86900 peers
62

Financial strength59th percentile among SIC peers · 15/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.88× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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23630Olut Services Ltd
58
How is this score calculated?
Financial strength15/25 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.

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.

Longevity11/15 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 31/12/2024

Net Worth

£4k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

-£39k

Working capital

Current Assets

£285k

Current Liabilities

£324k

Fixed Assets

£43k

Debtors

£256k

18avg. employees+1

Tax at Year End(2023)

Corp tax£198k
Dividends paid£220k

Balance Sheet

Assets less current liabilities£4k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent Ratio
20240.88
20230.80
20210.61

Derived from filed accounts. Not audited figures.