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Black Olive Hartlepool Limited

10430771

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

UNIT 10 EVOLUTION, WYNYARD, TS22 5TB
Incorporated 17/10/2016

Compliance

Last accounts

29/12/2024

unaudited abridged

Next accounts due

29/09/2026

On track

Confirmation statement

Last: 16/10/2025

Due 30/10/2026

On track

Industry

56101
Licensed restaurants

Officers

Mr Mike Racz

director · Since 17/10/2016

FRANCHISEE

BRITISH · ENGLAND · Age 44

Also on 30 other boards

Persons with Significant Control

Mr Mike Racz

Significant control

British · England · Age 44

Unit 10 Evolution, Wynyard Avenue, Billingham, TS22 5TB

Notified 17/10/2016

Cresco Cr Ltd

50–75% shares

Unit 10 Evolution, Wynyard Avenue, Billingham, TS22 5TB

Reg: 10876461 · The Register Of Companies For England And Wales · Private Limited Company

Notified 01/11/2018

Former PSCs

Racz Investment Ltd

Ceased 01/11/2018

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 22/02/2017Registered 23/02/2017

CompanyRankvs 20484+ SIC 56101 peers
30

Financial strength1th percentile among SIC peers · 0/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.18× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees13/15 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.

Longevity10/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 29/12/2024

Net Worth

-£1.0M

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£1.1M

Working capital

Current Assets

£248k

Current Liabilities

£1.3M

Fixed Assets

£127k

Debtors

£223k

21avg. employees

Balance Sheet

Intangible assets£2k
Assets less current liabilities-£971k
Signed by 2023-12-31Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.18-£189k
20230.15-£127k
20220.19-£207k
20210.17-£163k
20200.28-£50k
20190.29-£59k
20180.37

Derived from filed accounts. Not audited figures.