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Oak Financial Services Limited

05812644

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

148 QUEENS ROAD, WATFORD, WD17 2NX
Incorporated 10/05/2006

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 10/05/2025

Due 24/05/2026

On track

Industry

66190
Other activities auxiliary to financial services

Officers

Lorraine Rose Cowling

secretary · Since 10/05/2006

BRITISH · Age 63

Mr Richard Martin Cowling

director · Since 10/05/2006

DIRECTOR

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Mrs Lorraine Rose Cowling

25–50% shares
25–50% votes

British · United Kingdom · Age 63

148, Queens Road, Watford, WD17 2NX

Notified 01/07/2016

Mr Richard Martin Cowling

25–50% shares
25–50% votes

British · England · Age 63

148, Queens Road, Watford, WD17 2NX

Notified 01/07/2016

CompanyRankvs 80+ SIC 66190 peers
88

Financial strength97th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 8.85× · 20/20
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 strength24/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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

£1.7M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£1.8M

Current Liabilities

£209k

Fixed Assets

£41k

Debtors

£4k

5avg. employees

Tax at Year End

Corp tax£68k

Balance Sheet

Assets less current liabilities£1.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20248.85+£167k
202311.91+£1.5M
20228.34-£1.1M
20214.00

Derived from filed accounts. Not audited figures.