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Oilex Ltd

13771392

active
ltd
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

207 Nightingale Road, London, N9 8QJ
Incorporated 29/11/2021

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 17/10/2025

Due 31/10/2026

On track

Industry

96090
Other personal service activities

Officers

Mr Mehmet Sahin

director · Since 29/11/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 5 other boards

Mehmet Sahin

director · Since 29/11/2021

British · England · Age 42

Former

Ali Ucur

director · Resigned 22/12/2021

Ali Ucur

director · Resigned 17/10/2024

Ali Ucur

secretary · Resigned 01/10/2025

Persons with Significant Control

Mr Mehmet Sahin

75–100% shares
75–100% votes

British · England · Age 42

207, Nightingale Road, London, N9 8QJ

Notified 29/11/2021

Former PSCs

Mr Ali Ucur

Ceased 22/12/2021

Mr Ali Ucur

Ceased 17/10/2024

Change History

statusactive
2026-07-14

Active

typeltd
2026-07-14

Private Limited Company

address line1207 Nightingale Road
2026-07-14

207 NIGHTINGALE ROAD

post townLondon
2026-07-14

LONDON

CompanyRankvs 39786+ SIC 96090 peers
61

Financial strength78th percentile among SIC peers · 20/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.82× · 6/20
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 strength20/25 pts

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

Employees15/15 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 31/10/2024

Net Worth

£29k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£53k

Working capital

Current Assets

£237k

Current Liabilities

£290k

Fixed Assets

£94k

Debtors

£14k

15avg. employees+9

Balance Sheet

Bank loans & overdrafts£12k
Assets less current liabilities£41k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.82+£10k
20230.75

Derived from filed accounts. Not audited figures.