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Octispace Limited

10715511

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

UNIT 1E, BROMSGROVE HOUSE, BIRMINGHAM, B5 6AJ
Incorporated 07/04/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68320
Management of real estate on a fee or contract basis

Officers

Mr Yong Zhang

director · Since 16/08/2021

DIRECTOR

CHINESE · HONG KONG · Age 47

Also on 3 other boards

Ms Yan Lam Lee

director · Since 20/07/2023

DIRECTOR

CHINESE · HONG KONG · Age 44

Ms Hiu Ching Lam

director · Since 30/09/2024

DIRECTOR

CHINESE · ENGLAND · Age 46

Also on 3 other boards

Persons with Significant Control

Able Wide Enterprises Limited

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

Suite 1702 17/F, Dina House, Hong Kong

Notified 07/04/2017

CompanyRankvs 26208+ SIC 68320 peers
56

Financial strength1th percentile among SIC peers · 0/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 8.26× · 20/20
Longevity9 years trading (max 15) · 9/15
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.

Employees12/15 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.

Longevity9/15 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 31/12/2024

Net Worth

-£8.3M

Balance sheet strength

Cash

£54k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.3M

Current Liabilities

£152k

Debtors

£1.2M

2avg. employees

Balance Sheet

Assets less current liabilities£1.1M

EstimatesDerived

YearCurrent RatioImplied Profit
20248.26-£3k
202313.42-£563k
20220.13-£1.2M
20210.78

Derived from filed accounts. Not audited figures.