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Obex Protection Ltd

09157067

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 5 NORTON ROAD, WORCESTER, WR5 2QR
Incorporated 01/08/2014

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/06/2025

Due 26/06/2026

On track

Industry

22210
Manufacture of plastic plates, sheets, tubes and profiles

Officers

Gaius Francis

director · Since 01/08/2014

British

Robert Matthew Francis

director · Since 01/08/2014

British

Russell Francis

director · Since 16/02/2019

British

Tom Francis

director · Since 01/08/2014

British

CompanyRankvs 105+ SIC 22210 peers
77

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.4× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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.

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

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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 31/12/2024

Turnover

£40.5M

Annual revenue

Net Worth

£19.0M

Balance sheet strength

Cash

£6.6M

Cash in the bank

Profit Before Tax

£11.5M

Bottom line earnings

Net Current Assets

£16.8M

Working capital

Current Assets

£20.6M

Current Liabilities

£3.8M

Fixed Assets

£2.7M

Debtors

£8.8M

Cost of Sales

£19.6M

Gross Profit

£20.9M

Admin Expenses

£9.7M

Profit After Tax

£8.6M

68avg. employees+10

Tax at Year End

Dividends paid-£238k

People Costs

Wages & salaries£6.5M
NI contributions£804k

Balance Sheet

Intangible assets£1k
Assets less current liabilities£19.5M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20245.40-£1.5M
20237.24

Derived from filed accounts. Not audited figures.