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Olive Tree Bude Ltd

13653509

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

UNIT 22, LAUNCESTON, PL15 7PY
Incorporated 30/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Simon David Murkett

director · Since 07/02/2022

RETIRED

BRITISH · ENGLAND · Age 61

Also on 5 other boards

Mr John Paul Tibbs

director · Since 07/02/2022

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 5 other boards

Persons with Significant Control

Mr John Paul Tibbs

25–50% shares
25–50% votes

British · England · Age 61

Unit 22, Lowley Road Pennygillam Ind Estate, Launceston, PL15 7PY

Notified 07/02/2022

Mr Simon David Murkett

25–50% shares
25–50% votes

British · England · Age 61

Unit 22, Lowley Road Pennygillam Ind Estate, Launceston, PL15 7PY

Notified 07/02/2022

Former PSCs

Mr James Luke Stevenson

Ceased 19/12/2022

Charges0 outstanding

Charge
satisfied

GRIMAUD HOLDINGS LLP · SIMON MURKETT · JAMES STEVENSON

Created 19/10/2022Registered 19/10/2022Satisfied 20/12/2022

CompanyRankvs 18596+ SIC 56101 peers
43

Financial strength28th percentile among SIC peers · 7/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.3× · 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 strength7/25 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.

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 31/03/2025

Net Worth

-£4k

Balance sheet strength

Cash

£93k

Cash in the bank

Net Current Assets

-£261k

Working capital

Current Assets

£111k

Current Liabilities

£372k

Fixed Assets

£258k

Debtors

£5k

26avg. employees-3

Balance Sheet

Intangible assets£196k
Assets less current liabilities-£4k
Signed by 2024-04-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.30-£45k
20240.32-£43k
20230.47

Derived from filed accounts. Not audited figures.