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High Octane Limited

11576436

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

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

Compliance

Last accounts

30/09/2023

total exemption full

Next accounts due

30/06/2025

Overdue

Confirmation statement

Last: 30/09/2024

Due 14/10/2025

Overdue

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

Insolvency History1 case

creditors voluntary liquidation12/03/2025

Thomas Grummitt (practitioner) · Andrew Peter Smith (practitioner)

CompanyRankvs 15+ SIC 47290 peers
19

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
Insolvency history -10
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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.

Risk deductions

Insolvency history: -10 pts

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 RatioEst. Revenue
20230.59£74k

Derived from filed accounts. Not audited figures.