Olives Solicitors Limited
09610767
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/05/2015
SOLICITOR
BRITISH · ENGLAND · Age 45
Also on 2 other boards
director · Since 21/10/2022
SOLICITOR
BRITISH · ENGLAND · Age 56
Also on 4 other boards
director · Since 29/08/2025
LAWYER
BRITISH · ENGLAND · Age 66
Also on 1 other board
Persons with Significant Control
Mr Oludotun Akinola Ogunfolu
British · England · Age 45
2, Batchelor Street, Chatham, ME4 4BJ
Notified 27/05/2016
CompanyRankvs 6734+ SIC 69102 peers45
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£28k
Balance sheet strength
Cash
£2.0M
Cash in the bank
Net Current Assets
-£88k
Working capital
Current Assets
£7.9M
Current Liabilities
£7.9M
Fixed Assets
£60k
Debtors
£5.9M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.99 | +£26k | £404k |
| 2024 | 0.88 | -£15k | £310k |
| 2023 | 0.96 | — | £452k |
Derived from filed accounts. Not audited figures.