O.T.M.Servo Mechanism Limited
00696076
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/12/2024
audit exemption subsidiary
Next accounts due
30/09/2026
Confirmation statement
Last: 31/01/2026
Due 14/02/2027
Industry
Officers
director · Since 13/10/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
Also on 8 other boards
Persons with Significant Control
Aviation Marketing Consultants Industries Limited
C/O Ipeco Holdings Limited, Aviation Way, Southend On Sea, SS2 6UN
Reg: 01669889 · Companies House · Limited By Shares
Notified 13/10/2021
Former PSCs
Otm Estates Ltd
Ceased 16/04/2021
Mr Ronald James Wilkes
Ceased 13/10/2021
Mr Ian Stuart Mckeand
Ceased 13/10/2021
Charges3 outstanding
IPECO HOLDINGS LIMITED
O.T.M. (HOLDINGS) LIMITED
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
WESTMINSTER BANK LIMITED
CompanyRankvs 459+ SIC 25620 peers56
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
The director has considered the potential impact of the protracted COVID-19 pandemic and reduction in air travel, and does not believe these will impair the company’s ability to continue as a going concern. At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operation existence for the foreseeable futur
Key FinancialsYear ending 30/06/2021
Net Worth
£806k
Balance sheet strength
Cash
£70k
Cash in the bank
Net Current Assets
£488k
Working capital
Current Assets
£1.7M
Current Liabilities
£1.2M
Fixed Assets
£454k
Debtors
£834k
Profit After Tax
-£42k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 1.39 | -£42k |
| 2020 | 1.37 | -£49k |
| 2019 | 1.38 | — |
Derived from filed accounts. Not audited figures.