247 Recovery (Oldham) Ltd
11479695
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Former
director · Resigned 31/07/2026
Persons with Significant Control
Mr Waqas Iqbal
Pakistani · United Kingdom · Age 40
31, Selkirk Road, Oldham, OL9 8AB
Notified 24/07/2018
CompanyRankvs 11487+ SIC 52290 peers32
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2025
Turnover
£46k
Annual revenue
Net Worth
-£45k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£25k
Working capital
Current Assets
£79k
Current Liabilities
£104k
Fixed Assets
£14k
Profit After Tax
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.76 | -£93k |
| 2024 | 0.77 | +£64k |
| 2023 | 1.06 | — |
Derived from filed accounts. Not audited figures.