Oem Appliances Limited
08126863
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 5 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/07/2012
DIRECTOR
BRITISH · UNITED KINGDOM · Age 68
Also on 14 other boards
director · Since 07/06/2014
DIRECTOR
BRITISH · UNITED KINGDOM · Age 35
Also on 8 other boards
director · Since 18/04/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 33
Also on 9 other boards
Persons with Significant Control
For Everyone Group Ltd
Unit 8, Centenary Park, Salford, M50 1RE
Reg: 13050038 · England & Wales · Limited
Notified 01/04/2022
Former PSCs
Mr Brian Johnson
Ceased 01/04/2022
Mr Stephen Johnson
Ceased 01/04/2022
Charges5 outstanding
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CompanyRankvs 1400+ SIC 47540 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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£22.1M
Annual revenue
Net Worth
-£539k
Balance sheet strength
Cash
£224k
Cash in the bank
Profit Before Tax
-£945k
Bottom line earnings
Net Current Assets
-£110k
Working capital
Current Assets
£19.3M
Current Liabilities
£19.4M
Fixed Assets
£562k
Debtors
£13.2M
Cost of Sales
£19.4M
Gross Profit
£2.7M
Admin Expenses
£4.2M
Operating Profit
-£520k
Profit After Tax
-£945k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.99 | -£945k |
| 2023 | 1.08 | -£1.6M |
| 2021 | 1.68 | +£45k |
| 2021 | 1.60 | +£210k |
| 2020 | 1.62 | — |
| 2019 | 1.98 | — |
| 2018 | 1.94 | — |
Derived from filed accounts. Not audited figures.