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Olivitta Limited

10545927

active - proposal to strike off
Private Limited Company
england wales
Companies House
Health Score
N/A

Details

41 WHITWORTH STREET WEST, UNIT 1D, MANCHESTER, M1 5BD
Incorporated 04/01/2017

Compliance

Last accounts

31/01/2022

micro entity

Next accounts due

31/10/2023

Overdue

Confirmation statement

Last: 03/01/2023

Due 17/01/2024

Overdue

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Mohammed Aqeel Akhtar

director · Since 04/01/2017

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 6 other boards

Persons with Significant Control

Mr Mohammed Aqeel Akhtar

25–50% shares

British · England · Age 34

41 Whitworth Street West, Unit 1d, Whitworth Street West, Manchester, M1 5BD

Notified 04/01/2017

CompanyRankvs 6549+ SIC 56102 peers
47

Financial strength20th percentile among SIC peers · 5/25
Employees47th percentile among SIC peers · 7/15
LiquidityCurrent ratio 6.49× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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6549Olivitta Limited
56
How is this score calculated?
Financial strength5/25 pts

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

Employees7/15 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.

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

Going concern doubt: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s

Key FinancialsYear ending 31/01/2023

Net Worth

-£12k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

£21k

Working capital

Current Assets

£25k

Current Liabilities

£4k

Fixed Assets

£2k

Debtors

£700

3avg. employees

Balance Sheet

Assets less current liabilities£23k
Signed by Mr M AKHTAR,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20236.49
20225.81
20215.33

Derived from filed accounts. Not audited figures.