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The Operation Limited

01752205

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SUITE 2.2 MY BURO, ALTRINCHAM, WA14 1PF
Incorporated 12/09/1983

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Christopher Peter Smith

director · Since 31/12/1991

TELECOMMUNICATIONS CONSULTANT

BRITISH · ENGLAND · Age 82

Also on 1 other board

Persons with Significant Control

Mr Christopher Peter Smith

75–100% shares
75–100% votes
Appoint directors

British · England · Age 82

Suite 2.2 My Buro, 20 Market Street, Altrincham, WA14 1PF

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

CHRISTOPHER PETER SMITH

Created 21/06/2019Registered 21/06/2019
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 18/05/2007Registered 30/05/2007Satisfied 17/01/2020
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 11/06/2001Registered 12/06/2001Satisfied 24/04/2007
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 12/06/1998Registered 17/06/1998Satisfied 24/04/2007
charge
satisfied

MIDLAND BANK PLC

Created 27/06/1997Registered 02/07/1997Satisfied 09/10/2001
charge
satisfied

PHILLIPA MARY SMITH · CHRISTOPHER PETER SMITH

Created 21/12/1995Registered 08/01/1996Satisfied 21/06/2019
charge
satisfied

VODAFONE LIMITED

Created 20/04/1993Registered 01/05/1993Satisfied 24/04/2007
charge
satisfied

RACAL - VODAFONE LIMITED.

Created 10/03/1989Registered 20/03/1989Satisfied 24/04/2007
charge
satisfied

MIDLAND BANK PLC

Created 09/06/1987Registered 16/06/1987Satisfied 28/07/1994

CompanyRankvs 85468+ SIC 68209 peers
45

Financial strength93th percentile among SIC peers · 23/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees0/15 pts

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

Liquidity2/20 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 30/12/2024

Net Worth

£920k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£793k

Working capital

Current Assets

£36k

Current Liabilities

£829k

Fixed Assets

£1.7M

Balance Sheet

Assets less current liabilities£923k
Signed by C P Smith 23rd September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04-£213
20230.16+£9k
20220.20+£14k
20210.20+£27k
20200.62+£8k
20191.56+£116k
20180.12+£16k
20170.12

Derived from filed accounts. Not audited figures.