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Olfa Candles Limited

13374401

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

FLAT 15, LONDON, E1 4GB
Incorporated 04/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Ms Wendy Joan Ho Yan Chan

director · Since 04/05/2021

COMPANY DIRECTOR

AUSTRALIAN · ENGLAND · Age 44

Also on 1 other board

Mrs Meryem Mehmet

director · Since 04/05/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 4 other boards

Persons with Significant Control

Ms Wendy Joan Ho Yan Chan

25–50% votes
Appoint directors

Australian · England · Age 44

Flat 15, 17 Bermuda Way, London, E1 4GB

Notified 04/05/2021

Mrs Meryem Mehmet

25–50% votes
Appoint directors

British · England · Age 42

59, Glanfield Road, Beckenham, BR3 3JT

Notified 04/05/2021

CompanyRankvs 20249+ SIC 47190 peers
28

Financial strength16th percentile among SIC peers · 4/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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20249Olfa Candles Limited
28
How is this score calculated?
Financial strength4/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/05/2025

Net Worth

-£4k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£203

Working capital

Current Assets

£203

Current Liabilities

£4k

0avg. employees

Balance Sheet

Assets less current liabilities£203
Signed by 1.6.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.05+£0
20250.05-£129
20240.05-£7k
20230.09—

Derived from filed accounts. Not audited figures.