Company Overview
Oiltech Services (East Midlands) Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 27 November 2013, so this is a well established company. Oiltech Services (East Midlands) Ltd has been in business for 12 years and 4 months. The accounts status is unaudited abridged and the accounts are next due on Thursday 31 December 2026.
Registered Address

Valley View Tugby Orchards Business Centre, Wood Lane, Tugby, Leicestershire, LE7 9WE
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Companies House Data
Company NameOILTECH SERVICES (EAST MIDLANDS) LTD
Company Number08791958
Registered Office AddressValley View Tugby Orchards Business Centre
 Wood Lane
 LE7 9WE
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date27/11/2013
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date25/12/2016
Returns Last Made Up Date27/11/2015
Previous Company NameChanged Date
OILT TECH SERVICES (EAST MIDLANDS) LTD27 Nov 2013
Directors & Members
Show Resigned
Richard Tonge - Director
(British, 67 years old, born February 1959)
Appointed 27 November 2013
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Richard Tonge
ACCORDEN HOLDINGS LIMITED
ATKINS OF HINCKLEY LIMITED
AUTOMATIC BRAIDING LIMITED
GLOBAL INC LIMITED
NYLATEX LIMITED
QUANTUM CLOTHING GROUP LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Balance Sheet
Fixed Assets 488 488 661
Current Assets 67,498 67,498 56,075
Creditors Due Within One Year 17,752 17,752 19,226
Working Cap 49,746 49,746 36,849
Total Assets Less Current Liabilities 50,234 50,234 37,510
Long-term Liabilities 92 92 126
Net Assets 50,142 50,142 37,384
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 50,142 50,142 37,384
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Tangible Fixed Assets - - -
Fixed Assets 0.7% 0.7% 1.2%
Stocks Inventory - - -
Debtors 13.7% 13.7% 24.0%
Cash Bank In Hand 72.2% 72.2% 64.3%
Current Assets 99.3% 99.3% 98.8%
Creditors Due Within One Year 26.1% 26.1% 33.9%
Net Current Assets Liabilities 73.2% 73.2% 64.9%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 73.8% 73.8% 65.9%
Capital Employed - - -
Total Assets Less Current Liabilities 73.9% 73.9% 66.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Liquidity Ratio 3.8 3.8 2.9
Solvency Ratio 3.8 3.8 2.9
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Assets 67,986 67,986 56,736
Debt 17,844 17,844 19,352
Net Assets/Debt 50,142 50,142 37,384

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Change of details for Mr Alex James Neal as a person with significant control on 1 June 2025
Change of details for Mr Richard Tongue as a person with significant control on 18 June 2025
Notification of Alex James Neal as a person with significant control on 1 June 2025
Change of details for Mr Richard Tongue as a person with significant control on 1 June 2025
Confirmation statement made on 18 June 2025 with updates
Confirmation statement made on 27 November 2024 with updates
Registered office address changed from Office 1, Orchard House Tugby Orchards Business Centre Wood Lane Tugby Leicestershire LE7 9WE England to Valley View Tugby Orchards Business Centre Wood Lane Tugby Leicestershire LE7 9WE on 3 August 2024
Confirmation statement made on 27 November 2023 with updates
Confirmation statement made on 27 November 2022 with updates
Confirmation statement made on 27 November 2021 with updates
Director's details changed for Mr Richard Simon Tonge on 3 November 2021
Change of details for Mr Richard Tongue as a person with significant control on 3 November 2021
Change of details for Mr Richard Tongue as a person with significant control on 1 September 2019
Cessation of Sue Tongue as a person with significant control on 1 September 2019
Confirmation statement made on 27 November 2020 with updates
Statement of capital following an allotment of shares on 1 April 2020
Statement of capital following an allotment of shares on 1 April 2020
Confirmation statement made on 27 November 2019 with updates
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