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Tim Payne Overdrive Designs Limited

02898982

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

F J PAYNE & SON LTD OAKFIELD ROAD, OXFORDSHIRE, OX29 4AW
Incorporated 16/02/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28290
28290

Officers

Timothy Alfred James Payne

director · Since 16/02/1994

MECHANICAL ENGINEER

BRITISH · ENGLAND · Age 66

Also on 2 other boards

Persons with Significant Control

Former PSCs

Mr Timothy Alfred James Payne

Ceased 18/11/2019

Timothy Alfred James Payne

Ceased 18/11/2019

Frances Louise Payne

Ceased 18/11/2019

CompanyRankvs 420+ SIC 28290 peers
60

Financial strength52th percentile among SIC peers · 13/25
Employees35th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.13× · 12/20
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 strength13/25 pts

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

Employees5/15 pts

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

Liquidity12/20 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 31/12/2024

Net Worth

£41k

Balance sheet strength

Cash

£6

Cash in the bank

Net Current Assets

£32k

Working capital

Current Assets

£276k

Current Liabilities

£244k

Fixed Assets

£12k

Debtors

£273k

1avg. employees

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Assets less current liabilities£44k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.13-£6k
20231.18+£3k
20221.87+£19k
20211.12

Derived from filed accounts. Not audited figures.