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Option Finance Ltd

10906532

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

119A FRIAR GATE, DERBY, DE1 1EX
Incorporated 09/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70221
Financial management

Officers

Mr Davinder Singh Thakar

director · Since 09/08/2017

MORTGAGE ADVISOR

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Persons with Significant Control

Mr Davinder Singh Thakar

75–100% shares
75–100% votes

British · England · Age 46

119a, Friar Gate, Derby, DE1 1EX

Notified 09/08/2017

Former PSCs

Mr Lee Damien Tonks

Ceased 04/05/2021

CompanyRankvs 3977+ SIC 70221 peers
65

Financial strength74th percentile among SIC peers · 19/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.04× · 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 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.

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 31/08/2024

Net Worth

£33k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£38k

Working capital

Current Assets

£75k

Current Liabilities

£37k

Fixed Assets

£532

Debtors

£73k

0avg. employees

Balance Sheet

Bank loans & overdrafts£6k
Assets less current liabilities£39k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20242.04-£32k
20232.71-£2k
2022+£52k
20211.39-£24k
20202.41+£30k
20193.57+£485
20182.34

Derived from filed accounts. Not audited figures.