Oil247 Limited
10556445
Notable Risks
- Confirmation statement overdue (-10)
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/01/2025
micro entity
Next accounts due
31/10/2026
Confirmation statement
Last: 24/11/2024
Due 08/12/2025
Industry
Officers
director · Since 10/01/2017
DIRECTOR
BRITISH · UNITED KINGDOM · Age 44
Also on 1 other board
director · Since 20/01/2017
CONSULTANT
BRITISH · ENGLAND · Age 52
Also on 6 other boards
secretary · Since 10/01/2017
secretary · Since 20/01/2017
Persons with Significant Control
Mr Olukoleayo Babafemi Majekodunmi
British · England · Age 52
5, York Close, Bedford, MK45 1GG
Notified 30/01/2024
Former PSCs
Mrs Titilayo Sharon Majekodunmi
Ceased 30/01/2024
Change History
Active - Proposal to Strike off
Private Limited Company
5 YORK CLOSE
BEDFORD
CompanyRankvs 12396+ SIC 46190 peers28
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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 31/01/2025
Net Worth
-£18k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£22k
Working capital
Current Assets
£100
Current Liabilities
£22k
Fixed Assets
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.00 | -£36k |
| 2024 | 0.01 | +£100 |
| 2023 | 0.01 | — |
Derived from filed accounts. Not audited figures.