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Office Transformation Limited

02011368

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

2ND FLOOR COMMERCE HOUSE, MARTOCK, TA12 6DH
Incorporated 17/04/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mrs Julia Tracey Ratcliffe

secretary · Since 01/03/1997

BRITISH · ENGLAND · Age 62

Also on 1 other board

Mrs Julia Tracey Ratcliffe

director · Since 01/03/1997

OFFICE MANAGER

BRITISH · ENGLAND · Age 62

Also on 1 other board

Mr Mark Jeremy Ratcliffe

director · Since 05/05/1999

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Persons with Significant Control

Mr Mark Jeremy Ratcliffe

75–100% shares

British · England · Age 65

2nd Floor Commerce House, North Street, Martock, TA12 6DH

Notified 15/12/2016

CompanyRankvs 6807+ SIC 43341 peers
45

Financial strength2th percentile among SIC peers · 1/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 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.

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

-£52k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£52k

Working capital

Current Assets

£11k

Current Liabilities

£64k

Fixed Assets

£141

3avg. employees

Balance Sheet

Assets less current liabilities-£52k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.17-£13k
20240.30+£5k
20230.22-£85k
20220.22+£68k
20210.51-£3k
20200.56+£1k
20190.52
20170.34

Derived from filed accounts. Not audited figures.