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Ostrider Limited

08280913

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)
  • Going concern doubt noted in accounts (-10)

Details

PORTLAND HOUSE 69-71, WEMBLEY, HA9 8BU
Incorporated 05/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

50200
Sea and coastal freight water transport

CompanyRankvs 6370+ SIC 50200 peers
60

Financial strength89th percentile among SIC peers · 22/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.59× · 16/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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637Ostrider Limited
66
How is this score calculated?
Financial strength22/25 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.

Liquidity16/20 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Directors are responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Directors either intend to liquidate the Company or to cease opera

Key FinancialsYear ending 31/12/2023

Turnover

£511k

Annual revenue

Net Worth

£551k

Balance sheet strength

Cash

£31k

Cash in the bank

Profit Before Tax

£623k

Bottom line earnings

Net Current Assets

£551k

Working capital

Current Assets

£1.5M

Current Liabilities

£932k

Debtors

£1.5M

Cost of Sales

£101k

Gross Profit

£410k

Admin Expenses

£77k

Operating Profit

£711k

Profit After Tax

£623k

0avg. employees

Tax at Year End

Corp tax£469

Balance Sheet

Assets less current liabilities£551k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
20231.59

Derived from filed accounts. Not audited figures.