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Olympia Electrical Wholesale Ltd

13546769

active
Private Limited Company
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)
  • Negative net worth (-10)

Details

133 HAMMERSMITH ROAD, LONDON, W14 0QL
Incorporated 04/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Ibjal Mohammed

director · Since 04/08/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Persons with Significant Control

Mr Ibjal Mohammed

75–100% shares

British · United Kingdom · Age 49

254, Goldhawk Road, London, W12 9PE

Notified 04/08/2021

CompanyRankvs 16488+ SIC 47190 peers
35

Financial strength4th percentile among SIC peers · 1/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 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 30/09/2024

Net Worth

-£57k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£72k

Working capital

Current Assets

£48k

Current Liabilities

£120k

Fixed Assets

£15k

Debtors

£441

4avg. employees+4

Tax at Year End

VAT£5k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.40-£16k£95k
20230.55£75k

Derived from filed accounts. Not audited figures.