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Distinct Group Ltd

08659395

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

2A FERDINAND PLACE, LONDON, NW1 8EE
Incorporated 21/08/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Nicholas Cockburn

director · Since 21/08/2013

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Mr Timothy Justin Cockburn

director · Since 21/08/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 4 other boards

Persons with Significant Control

Mr Nicholas Cockburn

Significant control

British · England · Age 54

2a, Ferdinand Place, London, NW1 8EE

Notified 19/12/2023

Mr Timothy Cockburn

Significant control

British · England · Age 50

2a, Ferdinand Place, London, NW1 8EE

Notified 19/12/2023

Distinct Group (Holdings) Limited

75–100% shares
75–100% votes
Appoint directors

2a, Ferdinand Place, London, NW1 8EE

Reg: 12215441 · United Kingdom · Limited Company

Notified 31/05/2024

Former PSCs

Opticrealm Ltd

Ceased 27/01/2021

Opticrealm (Holdings) Limited

Ceased 31/05/2024

Mr Timothy Justin Cockburn

Ceased 19/12/2023

Mr Nicholas Laurie Tapani Cockburn

Ceased 19/12/2023

Charges2 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 29/11/2019Registered 11/12/2019
Charge
outstanding

SANTANDER UK PLC

Created 29/11/2019Registered 11/12/2019
Charge
satisfied

COUTTS & COMPANY

Created 31/03/2016Registered 01/04/2016Satisfied 16/12/2019

CompanyRankvs 4112+ SIC 55100 peers
36

Financial strength2th percentile among SIC peers · 1/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.41× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

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.

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

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

to evaluate the directors’ assessment of the company’s ability to continue to adopt the going concern basis of accounting included but was not limited to: • Reviewing and testing the budgets and forecasts used by the directors to assess the company’s going concern position • Making enquiries of the d

Key FinancialsYear ending 31/05/2025

Turnover

£10.6M

Annual revenue

Net Worth

-£2.2M

Balance sheet strength

Cash

£49k

Cash in the bank

Profit Before Tax

-£1.8M

Bottom line earnings

Net Current Assets

£1.3M

Working capital

Current Assets

£4.3M

Current Liabilities

£3.1M

Fixed Assets

£38.5M

Debtors

£4.2M

Cost of Sales

£6.0M

Gross Profit

£4.6M

Admin Expenses

£3.2M

Operating Profit

£1.4M

Profit After Tax

-£1.8M

224avg. employees

Tax at Year End

Corp tax£382k

People Costs

Wages & salaries£4.0M
NI contributions£293k

Balance Sheet

Bank loans & overdrafts£129k
Assets less current liabilities£39.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.41+£0
20251.41-£1.8M
20240.20-£950k
20230.78

Derived from filed accounts. Not audited figures.