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Oakstead Law Limited

09836855

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

TEMPLE CHAMBERS, LONDON, EC4Y 0DA
Incorporated 22/10/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69102
Solicitors

Officers

Mr Sinmisola Michael Owolabi

director · Since 22/10/2015

SOLICITOR

BRITISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Mr Sinmisola Owolabi

75–100% shares
25–50% votes
Appoint directors

British · England · Age 44

Temple Chambers, 3-7 Temple Avenue, London, EC4Y 0DA

Notified 20/10/2016

CompanyRankvs 7498+ SIC 69102 peers
40

Financial strength1th percentile among SIC peers · 0/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees8/15 pts

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

Liquidity6/20 pts

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

Longevity11/15 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 31/10/2025

Net Worth

-£151k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£105k

Current Liabilities

£121k

Fixed Assets

£2k

2avg. employees+2

Tax at Year End(2020)

Corp tax£56k
VAT£13k

Director Loans(2020)

Company owes directors£96
Directors owe company£7k

Balance Sheet

Total assets£107k

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.86-£64k
20241.11-£16k
20231.34+£43k
20220.60-£77k
20212.66-£40k
20201.57-£26k£250k
20191.38+£10k£149k
20181.33£285k

Derived from filed accounts. Not audited figures.