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1 Oak Limited

08656332

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

C/O BLYTHE PHILLIPS, HALESOWEN, B63 3HR
Incorporated 19/08/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Paramjit Singh Sidhu Ba Hons

director · Since 19/08/2013

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 4 other boards

Reena Sidhu

director · Since 19/08/2013

DIRECTOR

BRITISH · ENGLAND · Age 51

Persons with Significant Control

1 Oak Investment Group Ltd

75–100% shares

8/9, Earls Way, Halesowen, B63 3HR

Reg: 13436026 · England & Wales · Ltd Company

Notified 04/06/2021

Former PSCs

Mr Paramjit Singh Sidhu

Ceased 04/06/2023

Mrs Reena Sidhu

Ceased 04/06/2023

Charges2 outstanding

Charge
outstanding

HSBC EQUIPMENT FINANCE (UK) LTD

Created 13/03/2020Registered 17/03/2020
Charge
outstanding

HSBC BANK PLC

Created 03/11/2015Registered 06/11/2015
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/05/2014Registered 05/06/2014Satisfied 13/04/2016

CompanyRankvs 932+ SIC 56102 peers
72

Financial strength93th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2× · 16/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees15/15 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.

Longevity13/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£104k

Balance sheet strength

Cash

£1.9M

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£2.4M

Current Liabilities

£1.2M

Fixed Assets

£980k

Debtors

£476k

146avg. employees+7

Balance Sheet

Assets less current liabilities£2.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.00+£14k
20231.22+£19k
20222.39+£46k
20212.29+£48k
20201.92+£76k
20191.18-£60k
20181.77

Derived from filed accounts. Not audited figures.