Company Overview
Zenith Oilfield Technology Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 02 December 2003, so this is a well established company. Zenith Oilfield Technology Ltd has been in business for 22 years and 4 months. The accounts status is full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Stoneywood Park North, Dyce, Aberdeen, Aberdeenshire, AB21 7EA
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Companies House Data
Company NameZENITH OILFIELD TECHNOLOGY LTD
Company NumberSC260113
Registered Office AddressStoneywood Park North
 Dyce
 AB21 7EA
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date02/12/2003
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/12/2023
Accounts Account CategoryFULL
Returns Next Due Date30/12/2016
Returns Last Made Up Date02/12/2015
Directors & Members
Show Resigned
Valentina Baldini - Director
(Italian, 47 years old, born January 1979)
Appointed 06 September 2022
Active
Steven Moore - Director
(British, 55 years old, born February 1971)
Appointed 07 April 2020
Active
Secretaries
Show Resigned
Lorraine Dunlop - Secretary
Appointed 06 August 2019
Active
Balance Sheet Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2016 31-Dec-2015
Balance Sheet
Fixed Assets 574,000 574,000 340,000
Current Assets 44,853,000 44,853,000 42,308,000
Creditors Due Within One Year 7,701,000 7,701,000 4,585,000
Working Cap 37,152,000 37,152,000 37,723,000
Total Assets Less Current Liabilities 37,726,000 37,726,000 38,063,000
Long-term Liabilities 0 0 7,000
Net Assets 37,726,000 37,726,000 38,056,000
Share Capital & Reserves
Share Cap 106,000 106,000 106,000
Profit & Loss Reserves 37,606,000 37,606,000 37,936,000
Other Reserves 14,000 14,000 14,000
Shareholders Funds 37,726,000 37,726,000 38,056,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2016 31-Dec-2015
Tangible Fixed Assets - - -
Fixed Assets 1.3% 1.3% 0.8%
Stocks Inventory 14.5% 14.5% 15.7%
Debtors 8.2% 8.2% 9.9%
Cash Bank In Hand 0.5% 0.5% 0.3%
Current Assets 98.7% 98.7% 99.2%
Creditors Due Within One Year 17.0% 17.0% 10.8%
Net Current Assets Liabilities 81.8% 81.8% 88.5%
Creditors Due After One Year 0.0% 0.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 83.0% 83.0% 89.2%
Called Up Share Capital 0.2% 0.2% 0.2%
Share Capital Allotted Called Up Paid 0.2% 0.2% 0.2%
Profit Loss Account Reserve 82.8% 82.8% 89.0%
Shareholder Funds 83.0% 83.0% 89.2%
Capital Employed - - -
Total Assets Less Current Liabilities 83.0% 83.0% 89.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2016 31-Dec-2015
Liquidity Ratio 5.8 5.8 9.2
Solvency Ratio 5.9 5.9 9.3
Reserves to Assets 0.8 0.8 0.9
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2016 31-Dec-2015
Assets 45,427,000 45,427,000 42,648,000
Debt 7,701,000 7,701,000 4,592,000
Net Assets/Debt 37,726,000 37,726,000 38,056,000

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 has some deficiency. The balance sheet indicates the net assets of a good sized company. 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 latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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 has some deficiency. The balance sheet indicates the net assets of a good sized company. 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 latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   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 has some deficiency. The balance sheet indicates the net assets of a good sized company. 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 latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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
Other Business around AB21 7EA
No other companies found in the same location
Document Filings
Satisfaction of charge 2 in full
Confirmation statement made on 2 December 2025 with no updates
Confirmation statement made on 2 December 2024 with no updates
Confirmation statement made on 2 December 2023 with no updates
Confirmation statement made on 2 December 2022 with no updates
Termination of appointment of Alexandre Makram-Ebeid as a director on 6 September 2022
Appointment of Valentina Baldini as a director on 6 September 2022
Confirmation statement made on 2 December 2021 with no updates
Confirmation statement made on 2 December 2020 with no updates
Appointment of Mr Steven Moore as a director on 7 April 2020
Termination of appointment of William Henderson Milne as a director on 7 April 2020
Appointment of Mr Alexandre Makram-Ebeid as a director on 7 April 2020
Confirmation statement made on 2 December 2019 with no updates
Registered office address changed from Thainstone Business Park Inverurie Aberdeenshire AB51 5GT to Stoneywood Park North Dyce Aberdeen Aberdeenshire AB21 7EA on 6 September 2019
Appointment of Lorraine Amanda Dunlop as a secretary on 6 August 2019
Termination of appointment of Vistra Company Secretaries Limited as a secretary on 6 August 2019
Termination of appointment of Kim Van Der Schyff as a director on 6 August 2019
Secretary's details changed for Jordan Company Secretaries Limited on 5 April 2019

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