OIL TECHNICS LIMITED
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Next accounts due
2027-01-31 (in 8mo)
Last filed for 2025-04-30
Confirmation statement due
2026-11-14 (in 6mo)
Last made up 2025-10-31
Watchouts
Cash
£82K
-31.5% lowest in 5 filed years
Net assets
£415K
-3.1% vs 2024
Employees
30
+7.1% vs 2024
Profit before tax
—
Period ending 2025-04-30
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 1 time since incorporation
- OIL TECHNICS LIMITED 1987-04-23 → present
- RAPID 2735 LIMITED 1987-04-03 → 1987-04-23
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · latest reflected 2025-04-30
| Metric | Trend | 2020-04-30 | 2021-04-30 | 2023-04-30 | 2024-04-30 | 2025-04-30 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | |
| Net profit | — | — | — | -£4,624 | -£13,367 | |
| Cash | £259,788 | £362,280 | £316,953 | £119,772 | £82,021 | |
| Total assets less current liabilities | £406,281 | £656,328 | — | £487,491 | £425,277 | |
| Net assets | £360,538 | £397,875 | — | £428,811 | £415,444 | |
| Equity | £360,538 | £397,875 | — | £428,811 | £415,444 | |
| Average employees | 33 | 17 | 28 | 28 | 30 | |
| Wages | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-04-30 | 2021-04-30 | 2023-04-30 | 2024-04-30 | 2025-04-30 |
|---|---|---|---|---|---|---|
| Current ratio | — | — | — | 1.27x | 1.19x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Hall Morrice LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the director has assessed the company's ability to continue as a going concern... Having reviewed financial forecasts, cash flows and other relevant information, the director considers that the company has adequate resources to continue in operational existence for at least twelve months from the date of signing the financial statements... Thus, the director continues to adopt the going concern basis in preparing the financial statements.”
Significant events
- “After the reporting date, one of the company directors, passed away.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EVANS, Gillian | Secretary | — | — | British |
| HUMPHRIES, Tina | Secretary | 2008-10-24 | — | British |
| EVANS, Gillian | Director | — | Feb 1949 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| EVANS, Thomas David | Director | — | 2025-09-29 |
| HOLMES, David Campbell | Director | 2013-07-11 | 2015-01-12 |
| MAIN, Susan | Director | 1998-11-25 | 2002-05-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Thomas David Evans | Individual | Significant influence, significant-influence-or-control-as-firm | 2016-04-06 | Ceased 2025-09-29 |
| Oil Technics Holdings Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 117 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-23 | AA | accounts | Accounts with accounts type full | |
| 2025-11-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-02-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-01-29 | AA | accounts | Accounts with accounts type small | |
| 2024-11-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-02 | AA | accounts | Accounts with accounts type small | |
| 2023-11-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-09 | AA | accounts | Accounts with accounts type small | |
| 2022-11-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-08 | CH01 | officers | Change person director company with change date | |
| 2022-03-08 | CH01 | officers | Change person director company with change date | |
| 2022-03-08 | CH03 | officers | Change person secretary company with change date | |
| 2022-01-27 | AA | accounts | Accounts with accounts type small | |
| 2021-11-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-29 | AA | accounts | Accounts with accounts type small | |
| 2020-12-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-01-21 | AA | accounts | Accounts with accounts type small | |
| 2019-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-04-30 vs 2024-04-30
-
Turnover
—
Not reported
-
Cash
-31.5%
£119,772 £82,021
lowest in 5 filed years
-
Net assets
-3.1%
£428,811 £415,444
-
Employees
+7.1%
28 30
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers