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OLYMPIC OILS LIMITED
OLYMPIC FOODS, FALLOWS WAY, WHISTON, MERSEYSIDE, L35 1RZCompany Number: 01946330
Incorporation date: 11-Sep-1985
Status: Active
Company type: Private Limited Company
SIC codes:
10410 Manufacture of oils and fats
SUMMARY
This company is 38.3 years old and is currently active. It is controlled by Crest Oil Holdings Limited. The company has positive equity (net assets) of GBP 11.3 million which has increased from GBP 11.1 million in the previous year. The latest reported revenue figure is GBP 38.8 million which is up 10% on previous year's figure of GBP 35.5 million. The company has 3 active officers (directors or partners) who are or were officers of 4 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Jun-2024Accounts Filed: FULL (31-May-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-May-2021 | GBP | 38,776,552 | 2,285,540 | 2,437 | -337,473 | 2,625,450 | |
31-May-2020 | GBP | 35,453,779 | 1,565,763 | 8,281 | 644,685 | 929,359 | |
31-May-2019 | GBP | 38,236,136 | 2,470,897 | 11,496 | 478,568 | 2,003,825 | |
31-May-2018 | GBP | 38,682,313 | 2,284,168 | 5,170 | 442,065 | 1,567,896 | |
31-May-2017 | GBP | 37,481,740 | 1,009,099 | 3,138 | 187,852 | 824,385 | |
31-May-2016 | GBP | 32,833,553 | 2,660,045 | 5,474 | 21,691 | 539,675 | 2,104,153 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-May-2021 | GBP | 3,011,353 | 10,755,472 | 4,483,314 | 62,515 | 35,000 | 11,257,416 | 11,292,416 | |
31-May-2020 | GBP | 1,915,754 | 9,214,996 | 2,707,504 | 76,160 | 35,000 | 11,105,346 | 11,140,346 | |
31-May-2019 | GBP | 3,001,652 | 12,587,041 | 6,065,811 | 97,680 | 35,000 | 11,775,987 | 11,810,987 | |
31-May-2018 | GBP | 5,115,333 | 11,200,073 | 4,397,348 | 119,000 | 35,000 | 12,272,162 | 12,307,162 | |
31-May-2017 | GBP | 2,980,932 | 9,296,022 | 4,525,679 | 129,540 | 35,000 | 10,712,599 | 10,747,599 | |
31-May-2016 | GBP | 3,159,497 | 8,301,782 | 4,321,005 | 176,025 | 35,000 | 9,896,547 | 9,931,547 |
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | Abeda Rashid GHANI | 02 Dec 2023 | British | 7 - 0 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Kevin RIMMER | 01 Jan 2007 | Director | British | 1 - 0 | 0 (0.0%) | |
Active | Abeda Rashid GHANI | Director | British | 7 - 0 | 0 (0.0%) | ||
Active | Tariq Sultan GHANI | Director | British | 6 - 0 | 0 (0.0%) |
Average tenure of active directors: 5.6 years
Average tenure of resigned directors: no resignations yet
Average active director Dissolution Rate: 0.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
||||
---|---|---|---|---|
OLYMPIC OILS LIMITED (01946330) - Active | ✔ | ✔ | ✔ | |
NAZIRS SPICES LIMITED (02865460) - Active | ✔ | ✔ | ||
JUICEWORKS LIMITED (04450381) - Active | ✔ | |||
ODC PACKAGING LIMITED (07585567) - Active | ✔ | ✔ | ||
CREST OIL HOLDINGS LTD (09102209) - Active | ✔ | ✔ |
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2020-12-09 | 2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 | ||
CREST OIL HOLDINGS LTD | ORDINARY | 35,000 100% | 0 0% | 0 0% | 0 0% | 0 0% |
CREST OIL HOLDINGS LIMITED | ORDINARY | 0 0% | 35,000 100% | 35,000 100% | 0 0% | 0 0% |
TARIQ GHANI | ORDINARY | 0 0% | 0 0% | 0 0% | 21,000 60% | 21,000 60% |
ABEDA GHANI | ORDINARY | 0 0% | 0 0% | 0 0% | 14,000 40% | 14,000 40% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
OLYMPIC OILS LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
10410 Manufacture of oils and fats)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
AAK (UK) LIMITED | KING GEORGE DOCK, KINGSTON-UPON-HULL, NORTH HUMBERSIDE, HU9 5PX | 01585686 | 2017-12-31 | 262,778,000 | 9,049,000 | |
EDIBLE OILS LTD | 6TH FLOOR, ROYAL LIVER BUILDING, PIER HEAD, LIVERPOOL, L3 1NX | 05309847 | 2018-03-31 | 237,254,000 | 10,095,000 | |
ROIL FOODS LIMITED | UNIT 51 CLYWEDOG ROAD NORTH, WREXHAM INDUSTRIAL ESTATE, WREXHAM, WALES, LL13 9XN | 02822346 | 2017-06-30 | 58,486,545 | 0 | |
OLYMPIC OILS LIMITED | OLYMPIC FOODS, FALLOWS WAY, WHISTON, MERSEYSIDE, L35 1RZ | 01946330 | 2018-05-31 | 38,682,313 | 0 | |
FLAVOIL LTD | 15 WORPLE WAY, RICHMOND, ENGLAND, TW10 6DG | 07602718 | 2019-04-30 | 1,034,010 | 0 |
46330-Wholesale of dairy products, eggs and edible oils and fats 46900-Non-specialised wholesale trade |
YORKSHIRE DRIZZLE LTD | THE OLD STABLES 5 FAIRFIELDS ROAD, HOLMBRIDGE, HOLMFIRTH, WEST YORKSHIRE, UNITED KINGDOM, HD9 2NP | 10715854 | 2019-04-30 | 104,023 | 0 | |
CASSOVIA LTD | 135 GROSVENOR ROAD, LONDON, UNITED KINGDOM, E7 8JB | 09996292 | 2019-02-28 | 29,164 | 0 | |
MODET LTD | *DEFAULT*, 290 MOSTON LANE, MANCHESTER, ENGLAND, M40 9WB | 08242498 | 2018-10-31 | 6,708 | 0 | |
P&P GREEN UK HOLDINGS LTD | SUITE 1, 3RD FLOOR, 11-12 ST. JAMES'S SQUARE, LONDON, UNITED KINGDOM, SW1Y 4LB | 10344418 | 0000-00-00 | 0 | 0 |
10511-Liquid milk and cream production 10512-Butter and cheese production 10519-Manufacture of other milk products |
PURA FOODS LIMITED | ADM INTERNATIONAL OFFICES, CHURCH MANORWAY, ERITH, KENT, DA8 1DL | 02158570 | 0000-00-00 | 0 | 0 |
10420-Manufacture of margarine and similar edible fats |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
---|---|---|---|---|
OLYMPIC OILS LIMITED | 0.7% | 3.9% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.3% | 1.3% | 2.4% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.7% | 2.2% | 3.8% | Medium |
Accounting Month | 0.6% | 6.1% | 8.0% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |