Company Overview
Oil Field Turbine Consultants Uk Ltd. is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Thursday 29 September 2011, so this is a well established company. Oil Field Turbine Consultants Uk Ltd. has been in business for 14 years and 6 months. The accounts status is total exemption full and the accounts are next due on Friday 31 January 2025.
Registered Address

C/O Brodies Llp Capital Square, 58 Morrison Street, Edinburgh, EH3 8BP
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Companies House Data
Company NameOIL FIELD TURBINE CONSULTANTS UK LTD.
Company NumberSC408397
Registered Office AddressC/O Brodies Llp Capital Square
 58 Morrison Street
 EH3 8BP
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date29/09/2011
Accounting Reference Date Day31
Accounting Reference Date Month1
Accounts Next Due Date31/01/2025
Accounts Last Made Up Date31/01/2023
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date27/10/2016
Returns Last Made Up Date29/09/2015
Directors & Members
Show Resigned
Rebecca Welsh - Director
(British, 49 years old, born July 1977)
Appointed 31 January 2023
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Rebecca Welsh
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Jan-2023 31-Jan-2021 31-Jan-2020
Balance Sheet
Fixed Assets 2,545 2,545 2,558
Current Assets 52,959 52,959 27,243
Creditors Due Within One Year 40,257 40,257 25,381
Working Cap 12,702 12,702 1,862
Total Assets Less Current Liabilities 15,247 15,247 4,420
Long-term Liabilities 13,750 13,750 500
Net Assets 1,497 1,497 3,920
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1,497 1,497 3,920
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jan-2023 31-Jan-2021 31-Jan-2020
Tangible Fixed Assets - - -
Fixed Assets 4.6% 4.6% 8.6%
Stocks Inventory - - -
Debtors 41.8% 41.8% 91.1%
Cash Bank In Hand 20.7% 20.7% 0.3%
Current Assets 95.4% 95.4% 91.4%
Creditors Due Within One Year 72.5% 72.5% 85.2%
Net Current Assets Liabilities 22.9% 22.9% 6.2%
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 2.7% 2.7% 13.2%
Capital Employed - - -
Total Assets Less Current Liabilities 27.5% 27.5% 14.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jan-2023 31-Jan-2021 31-Jan-2020
Liquidity Ratio 1.3 1.3 1.1
Solvency Ratio 1.0 1.0 1.2
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-Jan-2023 31-Jan-2021 31-Jan-2020
Assets 55,504 55,504 29,801
Debt 54,007 54,007 25,881
Net Assets/Debt 1,497 1,497 3,920

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 current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over 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. Information provided by Companies House shows Liquidation.

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 current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over 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. Information provided by Companies House shows Liquidation.  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 current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over 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. Information provided by Companies House shows Liquidation.

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 EH3 8BP
No other companies found in the same location
Document Filings
Resolutions
Registered office address changed from 11/1 Dalgety Avenue Edinburgh EH7 5UQ United Kingdom to C/O Brodies Llp Capital Square 58 Morrison Street Edinburgh EH3 8BP on 17 December 2024
Confirmation statement made on 29 October 2024 with updates
Cessation of Stephen Welsh as a person with significant control on 21 October 2024
Notification of Rebecca Welsh as a person with significant control on 21 October 2024
Confirmation statement made on 29 September 2023 with no updates
Compulsory strike-off action has been discontinued
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Amended total exemption full accounts made up to 31 January 2022
Registered office address changed from 303/7 Leith Walk Edinburgh EH6 8SA to 11/1 Dalgety Avenue Edinburgh EH7 5UQ on 14 April 2023
Termination of appointment of Stephen Welsh as a director on 28 August 2022
Appointment of Mrs Rebecca Welsh as a director on 31 January 2023
Confirmation statement made on 29 September 2022 with no updates
Compulsory strike-off action has been discontinued
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Confirmation statement made on 29 September 2021 with updates
Confirmation statement made on 29 September 2020 with no updates
Confirmation statement made on 29 September 2019 with no updates
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