Outco Limited
05161189
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/03/2023
CFO
BRITISH · ENGLAND · Age 52
Also on 19 other boards
director · Since 09/10/2024
CHIEF TECHNOLOGY OFFICER
BRITISH · UNITED KINGDOM · Age 50
Persons with Significant Control
Outco Bidco Limited
C/O James Cowper Kreston, 3rd Floor, Apex, Reading, RG1 1AX
Reg: 11635714 · Companies House · Private Company Limited By Shares
Notified 30/09/2024
Former PSCs
Fourtuna Group Limited
Ceased 30/09/2024
Outco Trading Uk Limited
Ceased 30/09/2024
Charges1 outstanding
GLAS TRUST CORPORATION LIMITED AS SECURITY AGENT
JASON PETSCH
INVESTEC BANK PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES (SECURITY AGENT)
TCP GENERAL PARTNER LIMITED (IN ITS CAPACITY AS SECURITY TRUSTEE)
BARCLAYS BANK PLC
BARCLAYS BANK PLC
THE CYPRUS POPULAR BANK PUBLIC COMPANY LTD
CompanyRankvs 13+ SIC 81100 peers70
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
appropriate; or ∙ the director has not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the Company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The director is responsible for the oth
Key FinancialsYear ending 30/09/2018
Turnover
£14.0M
Annual revenue
Net Worth
£13.5M
Balance sheet strength
Cash
£2.7M
Cash in the bank
Profit Before Tax
£5.2M
Bottom line earnings
Net Current Assets
£8.9M
Working capital
Current Assets
£12.8M
Current Liabilities
£3.9M
Fixed Assets
£4.7M
Debtors
£10.0M
Cost of Sales
£8.2M
Gross Profit
£5.7M
Admin Expenses
£3.1M
Operating Profit
£2.6M
Profit After Tax
£4.1M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2018 | 3.29 |
Derived from filed accounts. Not audited figures.