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Obso Ltd

11568989

active
ltd
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

Stafford Education & Enterprise Park, Weston Road, Stafford, ST18 0BF
Incorporated 14/09/2018

Previously known as

Iyuda Ltd · until 14/03/2019

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/08/2025

Due 13/09/2026

On track

Industry

46190
Agents involved in the sale of a variety of goods

Officers

Mr Leroy Spence

director · Since 14/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 3 other boards

Leroy Spence

director · Since 14/09/2018

British · England · Age 43

Former

Onkar Singh Bhamber

director · Resigned 06/10/2025

Persons with Significant Control

Mr Leroy Spence

Significant control

British · England · Age 43

8 Hadley Green, Stafford, ST18 0ZA

Notified 14/09/2018

Charges2 outstanding

Charge
outstanding

ULTIMATE FINANCE LIMITED

Created 08/10/2024Registered 11/10/2024
Charge
satisfied

ALDERMORE BANK PLC

Created 05/03/2021Registered 08/03/2021Satisfied 11/11/2024
Charge
outstanding

SENECA TRADE FINANCE LTD

Created 01/05/2020Registered 19/05/2020

Change History

statusactive
2026-07-15

Active

typeltd
2026-07-15

Private Limited Company

address line1Stafford Education & Enterprise Park
2026-07-15

STAFFORD EDUCATION & ENTERPRISE PARK

post townStafford
2026-07-15

STAFFORD

CompanyRankvs 6875+ SIC 46190 peers
24

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.79× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2024

Net Worth

-£254k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

-£81k

Working capital

Current Assets

£303k

Current Liabilities

£385k

Fixed Assets

£45k

Debtors

£179k

15avg. employees-8

Tax at Year End

Corp tax-£11k
VAT£33k

Director Loans(2023)

Company owes directors£59k

Balance Sheet

Assets less current liabilities-£37k
Signed by Leroy Spence 09/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.79-£112k£668k
20230.85£75k

Derived from filed accounts. Not audited figures.