Olympic Oils Limited WHISTON


Olympic Oils started in year 1985 as Private Limited Company with registration number 01946330. The Olympic Oils company has been functioning successfully for thirty nine years now and its status is active. The firm's office is based in Whiston at Olympic Foods. Postal code: L35 1RZ. Since Tuesday 26th July 1994 Olympic Oils Limited is no longer carrying the name Crest Vegetable Oils.

The company has 3 directors, namely Kevin R., Abeda G. and Tariq G.. Of them, Abeda G., Tariq G. have been with the company the longest, being appointed on 30 November 1991 and Kevin R. has been with the company for the least time - from 1 January 2007. As of 28 May 2024, our data shows no information about any ex officers on these positions.

This company operates within the L35 1RZ postal code. The company is dealing with transport and has been registered as such. Its registration number is OC0273674 . It is located at Unit 8, Viscount Centre, Liverpool with a total of 18 carsand 18 trailers. It has two locations in the UK.

Olympic Oils Limited Address / Contact

Office Address Olympic Foods
Office Address2 Fallows Way
Town Whiston
Post code L35 1RZ
Country of origin United Kingdom

Company Information / Profile

Registration Number 01946330
Date of Incorporation Wed, 11th Sep 1985
Industry Manufacture of oils and fats
End of financial Year 30th September
Company age 39 years old
Account next due date Sun, 30th Jun 2024 (33 days left)
Account last made up date Tue, 31st May 2022
Next confirmation statement due date Sat, 23rd Dec 2023 (2023-12-23)
Last confirmation statement dated Fri, 9th Dec 2022

Company staff

Abeda G.

Position: Secretary

Resigned:

Kevin R.

Position: Director

Appointed: 01 January 2007

Abeda G.

Position: Director

Appointed: 30 November 1991

Tariq G.

Position: Director

Appointed: 30 November 1991

People with significant control

The register of persons with significant control that own or control the company includes 1 name. As BizStats identified, there is Crest Oil Holdings Limited from Prescot, England. The abovementioned PSC is categorised as "a limited company" and has 75,01-100% shares. The abovementioned PSC and has 75,01-100% shares.

Crest Oil Holdings Limited

Units 1 & 2 Fallows Way, Whiston, Prescot, L35 1RZ, England

Legal authority Companies Act 2006
Legal form Limited Company
Country registered England
Place registered England
Registration number 09102209
Notified on 6 April 2016
Nature of control: 75,01-100% shares

Company previous names

Crest Vegetable Oils July 26, 1994

Annual reports financial information

Profit & Loss
Accounts Information Date 2017-05-312018-05-312019-05-312020-05-312021-05-312022-05-312023-09-30
Balance Sheet
Cash Bank On Hand2 980 9325 115 3333 001 6521 915 7543 011 3534 992 9788 741 255
Current Assets9 296 02211 200 07312 587 0399 214 99610 755 47216 235 23019 529 073
Debtors5 192 1194 937 3558 258 7256 134 5656 489 5728 804 9428 648 631
Net Assets Liabilities  11 810 98711 140 34611 292 41612 602 35414 778 024
Other Debtors  70 800769 110779 559163 660299 375
Property Plant Equipment6 381 8625 181 2664 956 5494 614 2544 468 4854 246 7624 445 013
Total Inventories1 122 9711 147 3851 326 6621 164 6771 254 547  
Other
Audit Fees Expenses  14 92511 29013 20314 40017 500
Accrued Liabilities Deferred Income176 297330 078553 743106 921107 30582 690140 994
Accumulated Amortisation Impairment Intangible Assets102 970102 970102 970102 970 102 970 
Accumulated Depreciation Impairment Property Plant Equipment4 642 6164 951 5525 557 1526 082 3266 572 8696 937 4657 482 151
Additions Other Than Through Business Combinations Property Plant Equipment   272 766366 357 959 655
Administrative Expenses  2 832 1573 101 3932 655 3112 322 6004 325 802
Amounts Owed By Group Undertakings  1 668 1772 224 638   
Average Number Employees During Period97958888757481
Cash Cash Equivalents Cash Flow Value    3 011 3534 992 9788 741 255
Comprehensive Income Expense824 3851 567 8962 003 825929 3592 625 4502 809 9387 175 670
Corporation Tax Payable72 890231 361212 78156 548318 670367 537777 791
Corporation Tax Recoverable    239 989103 050 
Cost Sales  32 109 55830 270 68433 427 37549 104 90177 648 667
Creditors129 540119 00097 68076 16062 51550 01236 675
Current Tax For Period210 037454 302467 285308 557423 922631 5031 807 687
Deferred Income  121 48097 67978 14462 51545 844
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period   278 682 6 048 
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws    192 7086 048 
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences  11 283336 128-712 2361 848100 313
Depreciation Expense Property Plant Equipment686 461694 688621 199565 987507 364  
Depreciation Impairment Expense Property Plant Equipment     451 341709 705
Distribution Costs  940 346707 709739 064771 1511 058 740
Dividends Paid8 3338 3332 500 0001 600 0002 473 3801 500 0005 000 000
Dividends Paid Classified As Financing Activities     -1 500 000-5 000 000
Dividends Paid On Shares Interim8 3338 3332 500 0001 600 0002 473 3801 500 0005 000 000
Fixed Assets6 381 8625 886 2665 661 5495 319 2545 173 4854 951 7625 150 013
Further Item Interest Expense Component Total Interest Expense      579
Further Item Tax Increase Decrease Component Adjusting Items  6 66265 03521 77144415 028
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss2 038-379-847-40569-180-3 496
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables     -3 906 963-822 528
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables     2 452 309-53 261
Gain Loss In Cash Flows From Change In Inventories     1 182 763-298 123
Gain Loss On Disposals Property Plant Equipment-9693 043-912 407405  
Government Grant Income  27 271150 227237 371  
Gross Profit Loss  6 126 5785 183 0955 349 177  
Income Taxes Paid Refund Classified As Operating Activities     -339 833-1 142 945
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation     -1 981 625-3 748 277
Increase Decrease In Current Tax From Adjustment For Prior Periods-5 331   -241 867-105 864-151 438
Increase From Depreciation Charge For Year Property Plant Equipment 694 688621 199565 987507 364 709 705
Intangible Assets Gross Cost102 970102 970102 970102 970 102 970 
Interest Income On Bank Deposits  11 4968 281357811216 177
Interest Paid Classified As Operating Activities      -579
Interest Payable Similar Charges Finance Costs      579
Interest Received Classified As Investing Activities     -2 905-221 830
Investment Property 705 000705 000705 000705 000705 000705 000
Investment Property Fair Value Model 705 000705 000705 000 705 000 
Net Cash Generated From Operations     -4 054 726-10 586 002
Net Current Assets Liabilities  6 521 2306 507 4926 272 1587 799 2129 863 607
Net Finance Income Costs   8 2812 4372 905221 830
Operating Profit Loss1 009 0992 284 1682 470 8971 565 7632 285 540  
Other Creditors209 400 000 38 16237 2991 108 653
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment   40 81216 821 165 019
Other Disposals Property Plant Equipment   89 88621 583 216 718
Other Interest Income    2 0802 0945 653
Other Interest Receivable Similar Income Finance Income3 1385 17011 4968 2812 4372 905221 830
Other Operating Income Format1  116 822191 770330 738186 620287 232
Other Taxation Social Security Payable68 76348 47648 55949 70465 02485 35072 302
Pension Other Post-employment Benefit Costs Other Pension Costs19 29624 62243 48754 33949 67450 879109 960
Prepayments Accrued Income  283 790265 603194 914264 020229 301
Proceeds From Sales Property Plant Equipment     -16 900-43 624
Profit Loss824 3851 567 8962 003 825929 3592 625 450 7 175 670
Profit Loss On Ordinary Activities Before Tax1 012 2372 009 9612 482 3931 574 0442 287 9773 343 4738 932 232
Property Plant Equipment Gross Cost11 024 47810 132 81810 513 70110 696 58011 041 35411 184 22711 927 164
Provisions For Liabilities Balance Sheet Subtotal275 066262 829274 112610 240   
Purchase Property Plant Equipment     -253 073-959 655
Raw Materials Consumables  1 326 6621 164 6771 254 547  
Social Security Costs189 269204 075205 838183 905178 514  
Staff Costs Employee Benefits Expense2 312 5062 420 0352 395 7212 481 1972 359 0452 448 3323 978 458
Taxation Including Deferred Taxation Balance Sheet Subtotal  274 112610 24090 71298 608198 921
Tax Expense Credit Applicable Tax Rate192 325381 893471 655299 068434 716635 2601 898 099
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss 4282511 900684  
Tax Tax Credit On Profit Or Loss On Ordinary Activities187 852442 065478 568644 685-337 473533 5351 756 562
Total Assets Less Current Liabilities  12 182 77911 826 74611 445 64312 750 97415 013 620
Total Current Tax Expense Credit   308 557182 055525 6391 656 249
Total Deferred Tax Expense Credit   336 128-519 5287 896100 313
Trade Creditors Trade Payables3 774 8843 370 1384 819 4022 472 8123 938 5247 850 6397 556 557
Trade Debtors Trade Receivables4 834 0454 494 2286 126 2392 875 2145 275 1108 274 2128 119 955
Turnover Revenue37 481 74038 682 31338 236 13635 453 77938 776 552  
Wages Salaries2 103 9412 191 3382 146 3962 242 9532 130 8572 210 1753 562 692
Director Remuneration68 56771 46775 00085 01390 803107 550138 834
Fees For Non-audit Services18 07510 64914 925    
Dividend Recommended By Directors 8 333     
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss -12 23711 283    
Amounts Owed To Group Undertakings374 376382 709400 000    
Applicable Tax Rate191919    
Depreciation Amortisation Impairment Expense687 432691 645621 290    
Disposals Decrease In Depreciation Impairment Property Plant Equipment 98 59815 599    
Disposals Property Plant Equipment 125 55517 140    
Finished Goods511 638556 533636 152    
Government Grants Payable129 540119 00097 680    
Increase Decrease Due To Transfers Between Classes Property Plant Equipment -1 271 531     
Increase Decrease In Net Deferred Tax Liability From Amount Recognised In Profit Or Loss-9 044-53 082     
Increase Decrease In Net Deferred Tax Liability From Changes In Tax Rates Or Laws Recognised In Profit Or Loss14 863-6 662-6 662    
Number Shares Issued Fully Paid 35 00035 000    
Other Deferred Tax Expense Credit-22 185-12 23711 283    
Other External Charges165 61182 989162 544    
Other Operating Expenses Format22 132 7452 123 2892 526 877    
Other Operating Income Format252 910103 755116 822    
Par Value Share 11    
Prepayments302 644301 388283 790    
Provisions275 066262 829274 112    
Raw Materials611 333590 852690 510    
Raw Materials Consumables Used31 227 25731 183 94230 175 629    
Recoverable Value-added Tax62 270141 739109 719    
Tax Increase Decrease From Effect Capital Allowances Depreciation6 67759 744     
Total Additions Including From Business Combinations Property Plant Equipment 505 426398 023    
Total Liabilities15 677 88417 086 33918 248 588    
Total Operating Lease Payments250180     

Transport Operator Data

Unit 8
Address Viscount Centre , Gaskill Road , Speke
City Liverpool
Post code L24 9GS
Vehicles 9
Trailers 9
Fallows Way
Address Whiston
City Prescot
Post code L35 1RZ
Vehicles 9
Trailers 9

Company filings

Filing category
Accounts Address Annual return Capital Change of name Confirmation statement Incorporation Miscellaneous Mortgage Officers
Full accounts data made up to Saturday 30th September 2023
filed on: 22nd, December 2023
Free Download (34 pages)

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