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Ossetsound Limited

01609113

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

61 STANLEY ROAD, BOOTLE, L20 7BZ
Incorporated 22/01/1982

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Philip Ernest Hurst

director · Since 31/03/1991

MOTOR MECHANIC

BRITISH · ENGLAND · Age 77

Norma Lesley Hurst

secretary · Since 22/05/1997

BRITISH

Also on 1 other board

Miss Laura Anne Hurst

director · Since 26/11/2015

DIRECTOR

BRITISH · ENGLAND · Age 30

Persons with Significant Control

Mrs Norma Lesley Hurst

25–50% shares
25–50% votes
Appoint directors

British · England · Age 76

61, Stanley Road, Bootle, L20 7BZ

Notified 06/04/2016

Mr Philip Ernest Hurst

25–50% shares
25–50% votes
Appoint directors

British · England · Age 77

61, Stanley Road, Bootle, L20 7BZ

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/12/1998Registered 23/12/1998
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/09/1991Registered 18/09/1991
charge
satisfied

EXETER TRUST LIMITED

Created 05/03/1987Registered 09/03/1987Satisfied 18/06/1993
charge
satisfied

BARCLAYS BANK PLC

Created 22/06/1982Registered 28/06/1982Satisfied 18/06/1993

CompanyRankvs 1599+ SIC 45200 peers
74

Financial strength90th percentile among SIC peers · 23/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 9.34× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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90
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90
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90
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1599Ossetsound Limited
84
How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£200k

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

£41k

Working capital

Current Assets

£46k

Current Liabilities

£5k

Fixed Assets

£159k

Debtors

£11k

4avg. employees

Balance Sheet

Assets less current liabilities£200k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20259.34-£13k
20248.27-£25k
20239.59+£11k
20222.51+£184k
20211.22+£18k
20200.72+£11k
20190.69—

Derived from filed accounts. Not audited figures.