Back to search

Open Communication Partners Limited

10906718

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

THE BONDED WAREHOUSE, MANCHESTER, M3 4AP
Incorporated 09/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

73110
Advertising agencies

Officers

Michael Leppan

director · Since 09/08/2017

DIRECTOR

BRITISH · ENGLAND · Age 42

Joseph Procter

director · Since 09/08/2017

DIRECTOR

BRITISH · ENGLAND · Age 46

Mr Elliott Muscant

director · Since 07/05/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mr Michael Leppan

25–50% shares
25–50% votes

British · England · Age 42

The Bonded Warehouse, 18 Lower Byrom Street, Manchester, M3 4AP

Notified 09/08/2017

Mr Joseph Procter

25–50% shares
25–50% votes

British · England · Age 46

The Bonded Warehouse, 18 Lower Byrom Street, Manchester, M3 4AP

Notified 09/08/2017

Mr Elliott Muscant

25–50% shares
25–50% votes

British · England · Age 48

The Bonded Warehouse, 18 Lower Byrom Street, Manchester, M3 4AP

Notified 07/05/2019

Former PSCs

Mr Robert Smith

Ceased 21/12/2018

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 30/05/2024Registered 10/06/2024
Charge
outstanding

LLOYDS BANK PLC

Created 30/05/2024Registered 30/05/2024

CompanyRankvs 2421+ SIC 73110 peers
56

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.28× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength25/25 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.

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.

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 co

Key FinancialsYear ending 31/03/2025

Turnover

£53.9M

Annual revenue

Net Worth

£2.9M

Balance sheet strength

Cash

£8.1M

Cash in the bank

Profit Before Tax

£2.7M

Bottom line earnings

Net Current Assets

£2.8M

Working capital

Current Assets

£12.8M

Current Liabilities

£10.0M

Fixed Assets

£197k

Debtors

£4.7M

Cost of Sales

£41.7M

Gross Profit

£12.2M

Admin Expenses

£9.6M

Operating Profit

£2.6M

Profit After Tax

£2.1M

132avg. employees+24

Tax at Year End

Corp tax£299k
Dividends paid£736k

People Costs

Wages & salaries£6.6M
NI contributions£704k

Balance Sheet

Assets less current liabilities£3.0M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.28+£1.3M
20241.14+£920k
20231.07+£36k
20221.14

Derived from filed accounts. Not audited figures.