Openrice Limited
10345619
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/08/2024
total exemption full
Next accounts due
31/08/2026
Confirmation statement
Last: 20/08/2025
Due 03/09/2026
Industry
Officers
director · Since 25/08/2016
DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 4 other boards
Persons with Significant Control
Mr Chun Man Cheng
British · England · Age 50
Flat 109, Fathom Court, 2 Basin Approach, London, E16 2FF
Notified 25/08/2016
Charges2 outstanding
AXIS BANK UK LIMITED
ONESAVINGS BANK PLC
Change History
Active
Private Limited Company
102 SALMON LANE
LONDON
CompanyRankvs 248227+ SIC 68209 peers25
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2025
Net Worth
-£84k
Balance sheet strength
Cash
£170k
Cash in the bank
Net Current Assets
-£64k
Working capital
Current Assets
£243k
Current Liabilities
£307k
Fixed Assets
£1k
Debtors
£73k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.79 | +£25k |
| 2024 | 0.16 | -£5k |
| 2023 | 0.24 | — |
Derived from filed accounts. Not audited figures.