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Olubu Ltd

10162876

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
60 / 100

Some Concerns

0/30
Filing
20/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)

Details

2 Wheelwright Close, Eastbourne, BN22 0XG
Incorporated 04/05/2016

Previously known as

Scorch Subscriptions Ltd · until 24/06/2020

Compliance

Last accounts

31/05/2021

micro entity

Next accounts due

28/02/2023

Overdue

Confirmation statement

Last: 10/07/2020

Due 24/07/2021

Overdue

Industry

47610
Retail sale of books in specialised stores

Officers

Mr Nathan David Grooms

director · Since 31/07/2018

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 1 other board

Nathan David Grooms

director · Since 31/07/2018

British · England · Age 33

Former

Jonathan Simmons

director · Resigned 08/07/2019

Persons with Significant Control

Mr Nathan David Grooms

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · England · Age 33

2, Wheelwright Close, Eastbourne, BN22 0XG

Notified 01/06/2017

Change History

officer appointed → GROOMS, Nathan David
2026-08-17
status → active
2026-08-17

Active - Proposal to Strike off

type → ltd
2026-08-17

Private Limited Company

address line1 → 2 Wheelwright Close
2026-08-17

2 WHEELWRIGHT CLOSE

post town → Eastbourne
2026-08-17

EASTBOURNE

CompanyRankvs 1223+ SIC 47610 peers
51

Financial strength74th percentile among SIC peers · 19/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio Infinity× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAccounts and CS overdue · 0/15
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How is this score calculated?
Financial strength19/25 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.

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.

Longevity10/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance0/15 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 31/05/2021

Net Worth

£16k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£8k

Current Liabilities

£0

0avg. employees

Balance Sheet

Assets less current liabilities£8k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
2021Infinity

Derived from filed accounts. Not audited figures.