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On Direct Business Services Limited

04631034

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

1 LONDON STREET, READING, RG1 4QW
Incorporated 08/01/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Brett Raynes

director · Since 08/01/2003

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 10 other boards

Speafi Secretarial Limited

secretary · Since 26/09/2007

BRITISH

Also on 3 other boards

Mrs Jane Suzanne Hall

director · Since 01/08/2016

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 58

Also on 13 other boards

Mr Leighton Craig Searle

director · Since 05/02/2026

BRITISH · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

On Direct Group Limited

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

1, London Street, Reading, RG1 4PN

Reg: 10588493 · England · Private Limited Company

Notified 01/06/2017

Former PSCs

Mr Brett Raynes

Ceased 01/06/2017

Charges2 outstanding

Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 22/12/2025Registered 24/12/2025
Charge
outstanding

HSBC UK BANK PLC

Created 11/12/2025Registered 15/12/2025
Charge
satisfied

ROGER GUY

Created 07/08/2023Registered 08/08/2023Satisfied 23/12/2025
Charge
satisfied

ROGER GUY

Created 21/09/2021Registered 22/09/2021Satisfied 23/12/2025
Charge
satisfied

ROGER GUY

Created 01/06/2018Registered 13/06/2018Satisfied 23/12/2025
Charge
satisfied

GLAS TRUST CORPORATION LIMITED

Created 18/01/2017Registered 20/01/2017Satisfied 22/09/2021
Charge
satisfied

SANTANDER UK PLC (TOGETHER WITH ITS SUCCESSORS IN TITLE AND ASSIGNS)

Created 22/07/2014Registered 25/07/2014Satisfied 23/01/2017
Charge
satisfied

SANTANDER UK PLC (AS SECURITY TRUSTEE FOR EACH MEMBER OF THE SANTANDER GROUP

Created 21/05/2014Registered 30/05/2014Satisfied 17/12/2025

CompanyRankvs 117439+ SIC 82990 peers
22

Financial strength0th percentile among SIC peers · 0/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.61× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees6/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/06/2025

Net Worth

-£14.4M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Profit Before Tax

£329k

Bottom line earnings

Net Current Assets

-£7.7M

Working capital

Current Assets

£12.1M

Current Liabilities

£19.7M

Fixed Assets

£3.8M

Debtors

£10.8M

Admin Expenses

£14.8M

Profit After Tax

£329k

1avg. employees-140

Tax at Year End(2022)

Corp tax£0

People Costs

Wages & salaries£10.3M

Balance Sheet

Intangible assets£270k
Assets less current liabilities-£3.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.61+£329k
20230.75-£530k
20220.72+£2.1M
20210.52-£3.2M
20200.44-£4.3M
20190.50

Derived from filed accounts. Not audited figures.