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Obex Protection Ltd

09157067

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

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: 10/06/2026

Due 24/06/2027

On track

Industry

22210
Manufacture of plastic plates, sheets, tubes and profiles

Officers

Mr Gaius Francis

director · Since 01/08/2014

OPERATIONS MANAGER

BRITISH · UNITED KINGDOM · Age 38

Also on 2 other boards

Mr Robert Matthew Francis

director · Since 01/08/2014

BUSINESS OWNER

BRITISH · UNITED KINGDOM · Age 60

Also on 4 other boards

Mr Tom Francis

director · Since 01/08/2014

SALES MANAGER

BRITISH · ENGLAND · Age 37

Also on 1 other board

Mr Russell Francis

director · Since 16/02/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 1 other board

Persons with Significant Control

Obex Holdings Ltd

75–100% shares
75–100% votes

Unit 12 Horn Hill Road, Nunnery Park, Worcester, WR4 0SX

Reg: 13167133 · Companies House · Private Limited Company

Notified 07/09/2021

Former PSCs

Mr Robert Matthew Francis

Ceased 16/12/2019

Mrs Rosalind Mary Francis

Ceased 16/12/2019

Hayley Francis

Ceased 16/12/2019

Tom Francis

Ceased 16/12/2019

Cindy Francis

Ceased 16/12/2019

Mr Gaius Francis

Ceased 16/12/2019

Russel Francis

Ceased 16/12/2019

Dawn Francis

Ceased 16/12/2019

Charges1 outstanding

Charge
outstanding

ROBERT MATTHEW FRANCIS · ROSALIND MARY FRANCIS

Created 07/09/2021Registered 16/09/2021

CompanyRankvs 17+ SIC 22210 peers
67

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 -10Outstanding charges -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

Outstanding charges: -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.