Oft 2 Limited
07261777
Details
Compliance
Last accounts
31/12/2022
small
Next accounts due
31/12/2024
Confirmation statement
Last: 21/05/2024
Due 04/06/2025
Industry
Officers
director · Since 27/09/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 49
Also on 17 other boards
Persons with Significant Control
Ftgs Holdco Limited
14th Floor, 33 Cavendish Square, London, W1G 0PW
Reg: 10183868 · Cardiff · Limited Company
Notified 20/11/2019
Former PSCs
Next Wave Ventures Fund 1
Ceased 03/09/2019
Next Wave Ventures Fund 1
Ceased 27/03/2019
Next Wave Partners Ib Lp
Ceased 03/09/2019
Charges2 outstanding
GLAS TRUST CORPORATION LIMITED
GLAS TRUST CORPORATION LIMITED
CompanyRankvs 15+ SIC 74990 peers30
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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
forming our opinion which is not qualified, we have considered the adequacy of the disclosures made in note 2.4 to the financial statements concerning the Company's trading ability to continue as a going concern. During the year, the Company has not traded and its balance sheet was in a net liabilities position at the year enddate. These conditions indicate the existence of a material uncertaint
Key FinancialsYear ending 31/12/2022
Net Worth
-£2.6M
Balance sheet strength
Cash
£24k
Cash in the bank
Net Current Assets
£16k
Working capital
Current Assets
£24k
Current Liabilities
£8k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 3.00 | +£0 |
| 2021 | 3.00 | +£157k |
| 2020 | 0.42 | — |
Derived from filed accounts. Not audited figures.