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Excellent Waste Oil Ltd

13121897

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

88-90 WILTON STREET, MANCHESTER, M34 3NH
Incorporated 08/01/2021

Compliance

Last accounts

31/01/2025

unaudited abridged

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 17/10/2025

Due 31/10/2026

On track

Industry

38110
Collection of non-hazardous waste

Officers

Mr Mehmet Aksu

director · Since 08/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 42

Mr Usman Ahmed

director · Since 01/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Mr Mehmet Aksu

25–50% shares
25–50% votes
Appoint directors

British · England · Age 42

88-90, Wilton Street, Manchester, M34 3NH

Notified 02/04/2025

Mr Usman Ahmed

25–50% shares
25–50% votes
Appoint directors

British · England · Age 42

88-90, Wilton Street, Manchester, M34 3NH

Notified 02/04/2025

Former PSCs

Mr Mehmet Aksu

Ceased 02/04/2025

CompanyRankvs 1550+ SIC 38110 peers
61

Financial strength83th percentile among SIC peers · 21/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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1550Excellent Waste Oil Ltd
57
How is this score calculated?
Financial strength21/25 pts

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

Employees14/15 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.

Longevity5/15 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 31/01/2025

Net Worth

£196k

Balance sheet strength

Cash

£95k

Cash in the bank

Net Current Assets

£132k

Working capital

Current Assets

£659k

Current Liabilities

£791k

Fixed Assets

£328k

14avg. employees+10

Balance Sheet

Assets less current liabilities£196k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.83+£39k
20240.86+£35k
20230.44+£114k
20220.05—

Derived from filed accounts. Not audited figures.