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Oft Commercial Vehicle Services Limited

09109790

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

PEGGS BARN, BURY ST EDMUNDS, IP30 9TW
Incorporated 01/07/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25610
Treatment and coating of metals
45200
Maintenance and repair of motor vehicles
52103
52103

Officers

Mr Richard Michael Fenwick Owen

director · Since 01/07/2014

TRANSPORT MANAGER

BRITISH · ENGLAND · Age 69

Also on 4 other boards

Persons with Significant Control

Mr Richard Michael Fenwick Owen

Significant control

British · England · Age 69

Peggs Barn, Drinkstone, Bury St Edmunds, IP30 9TW

Notified 06/04/2016

CompanyRankvs 779+ SIC 25610 peers
32

Financial strength3th percentile among SIC peers · 1/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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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.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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 31/01/2025

Net Worth

-£57k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£47k

Working capital

Current Assets

£38k

Current Liabilities

£86k

Fixed Assets

£2k

Debtors

£169

0avg. employees

Balance Sheet

Assets less current liabilities-£45k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.45-£105k
20240.46+£5k
20230.47

Derived from filed accounts. Not audited figures.