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Olbe Developments Limited

11461088

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

C/O SAGARS ACCOUNTANTS LIMITED, GRESHAM HOUSE, LEEDS, LS1 2JG
Incorporated 12/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Ms Jayne Elizabeth Hopton

director · Since 12/07/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Mr Phillip James Tomalin

director · Since 12/07/2018

DIRECTOR

BRITISH · ENGLAND · Age 59

Mr Benjamin Jack Tomalin

director · Since 01/06/2021

DIRECTOR

BRITISH · ENGLAND · Age 22

Mr Oliver James Tomalin

director · Since 01/06/2021

DIRECTOR

BRITISH · ENGLAND · Age 23

Persons with Significant Control

Mr Phillip James Tomalin

25–50% shares
25–50% votes

British · England · Age 59

C/O Sagars Accountants Limited, Gresham House, 5- 7 St. Pauls Street, Leeds, LS1 2JG

Notified 12/07/2018

Ms Jayne Elizabeth Hopton

25–50% shares
25–50% votes

British · United Kingdom · Age 60

C/O Sagars Accountants Limited, Gresham House, 5- 7 St. Pauls Street, Leeds, LS1 2JG

Notified 12/07/2018

Charges2 outstanding

Charge
outstanding

RECOGNISE BANK LIMITED

Created 16/09/2022Registered 20/09/2022
Charge
outstanding

RECOGNISE BANK LIMITED

Created 16/09/2022Registered 20/09/2022
Charge
satisfied

LLOYDS BANK PLC

Created 30/10/2020Registered 02/11/2020Satisfied 25/04/2022
Charge
satisfied

LLOYDS BANK PLC

Created 19/08/2020Registered 21/08/2020Satisfied 25/04/2022

CompanyRankvs 39709+ SIC 41100 peers
39

Financial strength58th percentile among SIC peers · 14/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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39709Olbe Developments Limited
49
How is this score calculated?
Financial strength14/25 pts

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

Employees10/15 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.

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 31/07/2023

Net Worth

£4k

Balance sheet strength

Cash

£127k

Cash in the bank

Net Current Assets

-£277k

Working capital

Current Assets

£154k

Current Liabilities

£431k

Debtors

£26k

2avg. employees

Tax at Year End(2022)

Corp tax£0

Director Loans(2021)

Company owes directors£206k

Balance Sheet

Assets less current liabilities£421k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20230.36-£10k
20220.13-£6k
20212.41-£11k
20203.40+£26k
20190.74—

Derived from filed accounts. Not audited figures.