Oars Pty Ltd
11825380
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
28/02/2025
micro entity
Next accounts due
30/11/2026
Confirmation statement
Last: 04/05/2025
Due 18/05/2026
Industry
Officers
director · Since 19/02/2019
GENERAL MANAGER
SOUTH AFRICAN · ENGLAND · Age 51
Also on 1 other board
Persons with Significant Control
Mrs Riana Freak
South African · United Kingdom · Age 51
The Volunteer Inn, Seagry Road, Chippenham, SN15 5EL
Notified 13/02/2019
Mr Adrian Robert Freak
British · United Kingdom · Age 57
The Volunteer Inn, Seagry Road, Chippenham, SN15 5EL
Notified 13/02/2019
CompanyRankvs 17074+ SIC 56302 peers35
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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 29/02/2024
Net Worth
-£60k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£42k
Working capital
Current Assets
£14k
Current Liabilities
£57k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.24 | -£11k |
| 2023 | 0.35 | — |
Derived from filed accounts. Not audited figures.