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Oltco Franchise Ltd

11275361

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

SWIFT HOUSE GROUND FLOOR, CHELMSFORD, CM1 1GU
Incorporated 26/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

81300
Landscape service activities

Officers

Mr John Pearce

director · Since 26/03/2018

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

Ms Christine Stringer

director · Since 26/03/2018

BUSINESS OWNER

BRITISH · UNITED KINGDOM · Age 69

Also on 1 other board

Mr Paul Anthony Stringer

director · Since 26/03/2018

BUSINESS OWNER

BRITISH · UNITED KINGDOM · Age 74

Also on 5 other boards

Mr Paul Thomas Stringer

director · Since 26/03/2018

DIRECTOR

BRITISH · ENGLAND · Age 44

Mr Nicholas Christian Carnes

director · Since 29/01/2020

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 17 other boards

Persons with Significant Control

The Feel Good Holding Group Ltd

75–100% shares
75–100% votes
Appoint directors

Swift House, Ground Floor, 18 Hoffmanns Way, Chelmsford, Essex, CM1 1GU

Reg: 13971994 · Companies House · Limited

Notified 13/10/2022

Former PSCs

Mr John Pearce

Ceased 13/10/2022

Mr Paul Thomas Stringer

Ceased 10/03/2022

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/06/2022Registered 09/12/2024
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/04/2022Registered 03/05/2022
Charge
satisfied

LLOYDS BANK PLC

Created 17/09/2021Registered 20/09/2021Satisfied 13/07/2022
Charge
satisfied

LLOYDS BANK PLC

Created 11/01/2021Registered 15/01/2021Satisfied 13/07/2022

CompanyRankvs 7688+ SIC 81300 peers
43

Financial strength93th percentile among SIC peers · 23/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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7688Oltco Franchise Ltd
49
How is this score calculated?
Financial strength23/25 pts

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

Employees1/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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 31/03/2025

Net Worth

£176k

Balance sheet strength

Cash

£344k

Cash in the bank

Net Current Assets

-£130k

Working capital

Current Assets

£628k

Current Liabilities

£758k

Fixed Assets

£613k

Debtors

£284k

0avg. employees-9

Tax at Year End(2022)

Corp tax£8k

Balance Sheet

Intangible assets£67k
Assets less current liabilities£483k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.83+£89k
20240.74-£9k
20230.59+£23k
20220.36+£59k
20211.96+£474
20201.31—

Derived from filed accounts. Not audited figures.