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Blue Waste Oil Ltd

11570904

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

2 EVANS MILL RD, LEICESTER, LE18 3AR
Incorporated 17/09/2018

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 16/09/2025

Due 30/09/2026

On track

Industry

38110
Collection of non-hazardous waste

Officers

Mr. Osman Erturk

director · Since 17/09/2018

DIRECTOR

TURKISH · ENGLAND · Age 46

Persons with Significant Control

Mr. Osman Erturk

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

Turkish · England · Age 46

2, Evans Mill Rd, Leicester, LE18 3AR

Notified 17/09/2018

CompanyRankvs 724+ SIC 38110 peers
61

Financial strength80th percentile among SIC peers · 20/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 12.12× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees8/15 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.

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

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

Act 2006. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/09/2024

Net Worth

£127k

Balance sheet strength

Cash

£52k

Cash in the bank

Net Current Assets

£51k

Working capital

Current Assets

£56k

Current Liabilities

£5k

Fixed Assets

£76k

2avg. employees

Tax at Year End(2022)

Corp tax£18k

Director Loans(2023)

Directors owe company£4k

Balance Sheet

Assets less current liabilities£127k
Signed by Mr Osman Erturk 10 March 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202412.12-£18k
20238.98-£22k
20226.06+£71k
2021—+£38k
20203.57+£44k
20192.00—

Derived from filed accounts. Not audited figures.