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Open Junction Networks Limited

08098773

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)
  • Current liabilities exceed current assets (-10)

Details

ORBITAL HOUSE, ROMFORD, RM1 3PJ
Incorporated 08/06/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

84120
Regulation of the activities of providing health care, education, cultural services and other social services

Officers

Mr Nigel Stuart Grinstead

director · Since 24/12/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 2 other boards

Persons with Significant Control

Mr Nigel Stuart Grinstead

25–50% shares
25–50% votes

British · United Kingdom · Age 68

Orbital House, 20 Eastern Road, Romford, RM1 3PJ

Notified 06/04/2016

Former PSCs

Mrs Heather Elizabeth Millard

Ceased 09/11/2023

Charges0 outstanding

Charge
satisfied

THE TRUSTEES OF THE OPEN JUNCTION NETWORKS 2015 SSAS BEING (AT THE DATE OF THIS DEED) NIGEL STU

Created 01/08/2018Registered 07/08/2018Satisfied 22/01/2024

CompanyRankvs 1775+ SIC 84120 peers
48

Financial strength41th percentile among SIC peers · 10/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.61× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength10/25 pts

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

Employees3/15 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.

Longevity14/15 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 30/06/2024

Net Worth

£100

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£20k

Current Liabilities

£33k

Fixed Assets

£0

Debtors

£16k

0avg. employees

Tax at Year End

Corp tax£608

Balance Sheet

Assets less current liabilities-£13k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.61
20230.22
20220.42-£11k
20212.34
20201.01
20191.26-£4k
20181.14

Derived from filed accounts. Not audited figures.