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Olive Developments Ltd

14171638

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

38 ROTHESAY ROAD, LUTON, LU1 1QZ
Incorporated 14/06/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mrs Temitope Adesanya

director · Since 14/06/2022

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mrs Temitope Adesanya

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 46

38, Rothesay Road, Luton, LU1 1QZ

Notified 14/06/2022

Former PSCs

Mr Adesola Adesanya

Ceased 10/05/2023

Charges1 outstanding

Charge
outstanding

ONESAVINGS BANK PLC

Created 29/09/2023Registered 02/10/2023

CompanyRankvs 108455+ SIC 68100 peers
29

Financial strength60th percentile among SIC peers · 15/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength15/25 pts

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

Employees3/15 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.

Longevity4/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2024

Net Worth

£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£1k

Current Liabilities

£8k

Fixed Assets

£191k

0avg. employees-1

Balance Sheet

Assets less current liabilities£184k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.14+£773
20230.02

Derived from filed accounts. Not audited figures.