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High Octane Limited

11576436

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

C/O BRIDGEWOOD FINANCIAL SOLUTIONS LIMITED, NOTTINGHAM, NG1 6EE
Incorporated 19/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47290
Other retail sale of food in specialised stores
47300
Retail sale of automotive fuel in specialised stores

Officers

Mr Pratheesan Kugananthan

director · Since 19/09/2018

DIRECTOR

BRITISH · WALES · Age 44

Also on 2 other boards

Persons with Significant Control

Mr Pratheesan Kugananthan

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

British · Wales · Age 44

34, Dulais Road, Swansea, SA4 8PA

Notified 19/09/2018

CompanyRankvs 15+ SIC 47290 peers
29

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

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

Key FinancialsYear ending 30/09/2023

Net Worth

-£71k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£34k

Working capital

Current Assets

£50k

Current Liabilities

£84k

Debtors

£4k

14avg. employees

Tax at Year End

VAT£4k

Director Loans

Company owes directors£44k

Balance Sheet

Assets less current liabilities-£34k
Signed by Mr Pratheesan Kugananthan 02/11/2023Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20230.59-£18k£74k
20220.85-£25k£64k
20211.32-£19k£31k
20201.60-£845£79k
20190.89£80k

Derived from filed accounts. Not audited figures.