Back to search

Ovl Group Limited

02589261

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

WEST BARN BRIGHTWELL FARM, WATLINGTON, OX49 5NP
Incorporated 07/03/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77110
Renting and leasing of cars and light motor vehicles

Officers

Mr Martin Peter Wedge

director · Since 31/03/1992

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 23 other boards

Mr Martin Peter Wedge

secretary · Since 05/11/1998

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 23 other boards

Mr Scott Allen

director · Since 08/06/2022

DIRECTOR

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Martin Peter Wedge

50–75% shares

British · United Kingdom · Age 65

West Barn, Brightwell Farm, Watlington, OX49 5NP

Notified 07/03/2017

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/04/2003Registered 02/05/2003
charge
satisfied

SILVERBOWL PROPERTIES LIMITED

Created 27/09/2000Registered 03/10/2000Satisfied 05/11/2018

CompanyRankvs 718+ SIC 77110 peers
54

Financial strength91th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

Employees15/15 pts

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

Liquidity6/20 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

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 UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 31/12/2024

Net Worth

£320k

Balance sheet strength

Cash

£553

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£136k

Current Liabilities

£143k

Fixed Assets

£469k

Debtors

£135k

13avg. employees+1

Tax at Year End(2022)

Corp tax£28k

Balance Sheet

Intangible assets£465k
Assets less current liabilities£462k
Signed by Mr M Wedge,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.95-£66k
20231.81+£315
20220.82-£7k
20210.73-£80k
20201.00+£16k
20190.92-£7k
20180.83-£50k
20171.16

Derived from filed accounts. Not audited figures.