OIL APPLICATIONS LTD

Company number 05045381 · Active (Active - Proposal to Strike off)

OIL APPLICATIONS LTD is a private limited company registered in TORQUAY, United Kingdom, incorporated on 16 Feb 2004. Its registered activity is wholesale of other machinery and equipment. Its latest published accounts for the period ending 31 Mar 2022 show equity of −£47k, total assets of £3,031. It has filed 4 sets of accounts, 4 of them after the deadline. Our model estimates a 0.07 % probability that it becomes insolvent within 12 months, 0.6 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.07 %
Low risk
Lowest riskHighest risk

Higher than 92 % of active companies in the United Kingdom. 0.6× the average annual insolvency rate (0.12 %).

Raises the risk

Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Cash ÷ assets3.7×0.00304687–0.0300733 · 0.44 % became insolvent
Filing delay of last accounts (days)3.7×≥ 321 · 0.43 % became insolvent
Share of filings late3.6×≥ 0.666667 · 0.42 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent

Lowers the risk

Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Region0.8×TQ · 0.10 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
05045381 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
16 Feb 2004 (23 years)
Registered address
TQ2 7TD TORQUAY
Postcode area
Torquay
Activity
46690 Wholesale of other machinery and equipment
Industry
Wholesale trade
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202215 Jun 2023– –−£47k£3,031 £16k£311
31 Mar 202115 Mar 2022– –−£47k£3,031 £16k£311
31 Mar 202015 Jun 2021– –−£20k£4,772 £25k£51
31 Mar 201915 Mar 2020– –−£20k£4,772 £25k£5–

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Torquay

Questions about OIL APPLICATIONS LTD

What is the company number of OIL APPLICATIONS LTD?

OIL APPLICATIONS LTD is registered under company number 05045381 in the official register of United Kingdom. View it at the official register.

Is OIL APPLICATIONS LTD still active?

Yes. OIL APPLICATIONS LTD is registered as active (status: Active - Proposal to Strike off).

Has OIL APPLICATIONS LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for OIL APPLICATIONS LTD in the official data.

How likely is OIL APPLICATIONS LTD to become insolvent?

Our model estimates a 0.07 % probability that OIL APPLICATIONS LTD becomes insolvent within the next 12 months (low risk). That is higher than 92 % of active companies in the United Kingdom.

When was OIL APPLICATIONS LTD founded?

OIL APPLICATIONS LTD was incorporated on 16 Feb 2004.

Where is OIL APPLICATIONS LTD registered?

OIL APPLICATIONS LTD's registered address is in TQ2 7TD TORQUAY (Torquay), United Kingdom.

What do the latest accounts of OIL APPLICATIONS LTD show?

The latest published accounts (period ending 31 Mar 2022) show equity of −£47k, total assets of £3,031, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.