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Octopus Initiative Limited

03851893

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

JOY LANE & CO, 4 SOUTH TERRACE, DORCHESTER, DT1 1DE
Incorporated 01/10/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25730
Manufacture of tools

Officers

Paul Andrew Sparrow

director · Since 01/10/1999

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 3 other boards

Persons with Significant Control

Paul Andrew Sparrow

75–100% shares

British · England · Age 62

Joy Lane & Co, 4 South Terrace, Dorchester, DT1 1DE

Notified 06/04/2016

CompanyRankvs 558+ SIC 25730 peers
37

Financial strength1th percentile among SIC peers · 0/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.04× · 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 strength0/25 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.

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 31/10/2023

Net Worth

-£314k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£325k

Working capital

Current Assets

£15k

Current Liabilities

£340k

Fixed Assets

£11k

1avg. employees
Signed by 03851893 2022-11-01 2023-10-31 03851893 2023-10-31 03851893 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20230.04-£16k
20220.06-£17k
20210.09

Derived from filed accounts. Not audited figures.