OIL TECHNICS LIMITED
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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.
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-04-30
| Metric | Trend | 2020-04-30 | 2021-04-30 | 2023-04-30 | 2024-04-30 | 2025-04-30 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | — | — | — | -£4,624 | -£13,367 | -189.1% | |
| Cash | £259,788 | £362,280 | £316,953 | £119,772 | £82,021 | -31.5% | |
| Total assets less current liabilities | £406,281 | £656,328 | — | £487,491 | £425,277 | -12.8% | |
| Net assets | £360,538 | £397,875 | — | £428,811 | £415,444 | -3.1% | |
| Equity | £360,538 | £397,875 | — | £428,811 | £415,444 | -3.1% | |
| Average employees | 33 | 17 | 28 | 28 | 30 | +7.1% | |
| Wages | — | — | — | — | — | — | |
| Directors' remuneration | — | — | £147,851 | £186,811 | £188,365 | +0.8% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. 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 |
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.
Name history
Renamed 1 time since incorporation
- OIL TECHNICS LIMITED 1987-04-23 → present
- RAPID 2735 LIMITED 1987-04-03 → 1987-04-23
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 (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.