OLTEC GROUP TRADING LTD

Company number 00516548 ·

Active

Executive summary

Oltec Group Trading Ltd is a heritage regional FM provider experiencing a significant financial inflection point, with FY2025 retained profit nearly quadrupling to £1.07M and net assets reaching £3.08M—reflecting either successful contract wins or meaningful operational efficiencies from workforce rationalisation. However, the company's strategic position is constrained by a precarious working capital structure—£3.64M in long-dated debtors against only £60K cash—and key-person dependency on a single director, creating vulnerabilities that must be addressed before pursuing the growth opportunities its strengthened balance sheet now enables.

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Shareholders' funds

£3,083,866

Balance sheet as at 2025-03-31

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Overview

Company type
Private Limited Company
Incorporated
1953-02-27
Employees
166 (2025 accounts · was 204 in 2024)
Registered office
208 Wigan Road Wigan Road, Hindley, Wigan, England, WN2 3BU
Postcode
WN2 3BU
Capital
166,000 GBP
Accounts category
Small
Charges
3 outstanding

Accounts

Last made up to
2025-03-31
Next due by
2026-12-31
Financial year end
31 March

Confirmation statement

Last statement dated
2026-07-22
Next due by
2027-08-05
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Nature of business (SIC)

  • 80100 Private security activities
  • 81100 Combined facilities support activities
  • 81210 General cleaning of buildings

Officers 1 current · 9 resigned

Appointed 2004-09-21

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Data protection registration

Registered with the ICO as a data protection fee payer — Z9713468 (Tier 2), registered since 2006.

Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.

Gender pay gap

7%

Women's median hourly pay below men's, 2018/19

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Contact details

Website
oltecgroup.com
Phone
015960785, 02233374943, 08000389786

Oltec Group offers complete Facilities & Building Maintenance Solutions throughout the UK. We offer a full range of Hard and Soft Facilities Management services for all of your building maintenance needs. Call 0800 038 9786.

Previous company names

NameDate changed
SMITHS BOOKS (WIGAN) LIMITED2005-03-23
HENRY BRANCH AND SONS LIMITED1978-12-31

Previous registered addresses 3

AddressChanged on
18 BEECHAM COURT, SMITHY BROOK LANE, WIGAN, LANCASHIRE, WN3 6PR2008-09-25
OLIVIER HOUSE, 28-29 BRIDGEMAN TERRACE, WIGAN, LANCASHIRE WN1 1TD2007-11-22
41 MESNES ST, WIGAN, GREATER MANCHESTER, WN1 1QY2004-10-12

Among its peers

Top 10%

by shareholders' funds, of 17 similar companies in WN

2nd largest employer among its local peers (166 staff).

The oldest of its local peers, trading since 1953.

Competitors Wigan

This company ranks 1 among private security activities in Wigan.

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