Black Olive Hartlepool Limited
10430771
Some Concerns
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
29/12/2024
unaudited abridged
Next accounts due
29/09/2026
Confirmation statement
Last: 16/10/2025
Due 30/10/2026
Industry
Officers
Persons with Significant Control
Mr Mike Racz
British · England · Age 44
Unit 10 Evolution, Wynyard Avenue, Billingham, TS22 5TB
Notified 17/10/2016
Cresco Cr Ltd
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
HSBC BANK PLC
CompanyRankvs 20484+ SIC 56101 peers30
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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.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.18 | -£189k |
| 2023 | 0.15 | -£127k |
| 2022 | 0.19 | -£207k |
| 2021 | 0.17 | -£163k |
| 2020 | 0.28 | -£50k |
| 2019 | 0.29 | -£59k |
| 2018 | 0.37 | — |
Derived from filed accounts. Not audited figures.