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Ak Oils Ltd

12868274

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)
  • Current liabilities exceed current assets (-10)

Details

LEYLAND ROAD GARAGE, CASTLEFORD, WF10 3SG
Incorporated 09/09/2020

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 08/09/2025

Due 22/09/2026

On track

Industry

47300
Retail sale of automotive fuel in specialised stores

Officers

Mr Mohmed Adam Patel

director · Since 09/09/2020

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 47

Mrs Masrat Khan

director · Since 24/10/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Mr Mohmed Adam Patel

75–100% shares

British · United Kingdom · Age 47

66, Savile Road, Dewsbury, WF12 9PJ

Notified 09/09/2020

CompanyRankvs 1280+ SIC 47300 peers
46

Financial strength41th percentile among SIC peers · 10/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength10/25 pts

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

Employees9/15 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.

Longevity6/15 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 30/09/2024

Net Worth

£31k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£29k

Current Liabilities

£31k

Fixed Assets

£33k

Debtors

£7k

8avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94+£17k
20230.64+£8k
20220.64

Derived from filed accounts. Not audited figures.