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Olive Accountants Limited

15101927

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

Details

2 ALEXANDRA GATE BUSINESS CENTRE LTD, CARDIFF, CF24 2SA
Incorporated 29/08/2023

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 28/08/2025

Due 11/09/2026

On track

Industry

69201
Accounting and auditing activities
69202
Bookkeeping activities

Officers

Mr Adil Mehmood Mughal

director · Since 29/08/2023

CHARTERED ACCOUNTANT

BRITISH · WALES · Age 44

Also on 1 other board

Persons with Significant Control

Mr Adil Mehmood Mughal

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

British · Wales · Age 44

2 Alexandra Gate Business Centre Ltd, Ffordd Pengam, Cardiff, CF24 2SA

Notified 29/08/2023

CompanyRankvs 33619+ SIC 69201 peers
32

Financial strength11th percentile among SIC peers · 3/25
Employees31th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.79× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees5/15 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.

Longevity3/15 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 31/08/2024

Net Worth

-£247

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£945

Current Liabilities

£1k

1avg. employees

Balance Sheet

Total assets£945

EstimatesDerived

YearCurrent Ratio
20240.79

Derived from filed accounts. Not audited figures.