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Obex Group Limited

10016773

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

105-111 HIGH STREET, DUNSTABLE, LU5 5BJ
Incorporated 20/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Dr Sarabjit Singh Bhandal

director · Since 20/02/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 11 other boards

Mrs Tarinder Kaur Bhandal

director · Since 14/11/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 9 other boards

Persons with Significant Control

Obex Group Holdings Limited

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

105-111, High Street, Dunstable, LU5 5BJ

Reg: 12587898 · Companies House - England And Wales · Private Company Limited By Shares

Notified 08/06/2020

Former PSCs

Mr Gurjit Singh Bhandal

Ceased 08/06/2020

Dr. Sarabjit Singh Bhandal

Ceased 08/06/2020

Mr Gurpal Singh Bhandal

Ceased 08/06/2020

Charges3 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 06/08/2025Registered 20/08/2025
Charge
outstanding

SANTANDER UK PLC

Created 06/08/2025Registered 15/08/2025
Charge
outstanding

SANTANDER UK PLC

Created 06/08/2025Registered 15/08/2025
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 17/10/2017Registered 24/10/2017Satisfied 04/10/2025

CompanyRankvs 8755+ SIC 64209 peers
44

Financial strength47th percentile among SIC peers · 12/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.08× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength12/25 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.

Longevity10/15 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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c

Key FinancialsYear ending 31/03/2025

Net Worth

£150

Balance sheet strength

Cash

£150k

Cash in the bank

Net Current Assets

£619k

Working capital

Current Assets

£8.0M

Current Liabilities

£7.4M

Fixed Assets

£1.3M

Debtors

£288k

Profit After Tax

-£98k

13avg. employees

Tax at Year End

Dividends paid£2.0M

Balance Sheet

Bank loans & overdrafts£611k
Assets less current liabilities£2.0M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.08
20251.08
20241.95-£2.1M
20233.14

Derived from filed accounts. Not audited figures.