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Oakwood Palace Trading Limited

07338384

active
Private Limited Company
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)
  • Negative net worth (-10)

Details

114 HAMLET COURT ROAD, WESTCLIFF-ON-SEA, SS0 7LP
Incorporated 06/08/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Yin Kwan Lau

secretary · Since 06/08/2010

BRITISH

Mr Kwai Chau Man

director · Since 07/10/2025

DIRECTOR

BRITISH · ENGLAND · Age 56

CompanyRankvs 9120+ SIC 56101 peers
56

Financial strength25th percentile among SIC peers · 6/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.12× · 12/20
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 strength6/25 pts

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

Employees8/15 pts

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

Liquidity12/20 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 31/08/2024

Net Worth

-£9k

Balance sheet strength

Cash

£51k

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£53k

Current Liabilities

£48k

Fixed Assets

£1k

Debtors

£2k

6avg. employees

Balance Sheet

Bank loans & overdrafts£16k
Assets less current liabilities£7k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.12-£418
20231.36

Derived from filed accounts. Not audited figures.