Obice Bidco Limited
12031153
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 25/06/2019
CEO
BRITISH · UNITED KINGDOM · Age 67
Also on 2 other boards
director · Since 25/06/2019
BUSINESS DEVELOPMENT
BRITISH · UNITED KINGDOM · Age 62
Also on 3 other boards
director · Since 14/12/2020
CHIEF EXECUTIVE OFFICER
BRITISH · ENGLAND · Age 62
Also on 9 other boards
Persons with Significant Control
Obice Midco Limited
Siderise, Forge Industrial Estate, Maesteg, CF34 0AH
Reg: 12028063 · United Kingdom · Private Company Limited By Shares
Notified 04/06/2019
Charges3 outstanding
HSBC UK BANK PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES
HSBC UK BANK PLC
HSBC UK BANK PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES (SECURITY AGENT)
CompanyRankvs 41981+ SIC 64209 peers14
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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.
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
Key FinancialsYear ending 31/12/2024
Net Worth
-£533k
Balance sheet strength
Cash
£7k
Cash in the bank
Profit Before Tax
-£1k
Bottom line earnings
Net Current Assets
-£57.1M
Working capital
Current Assets
£13.3M
Current Liabilities
£70.4M
Debtors
£12.7M
Admin Expenses
£279k
Profit After Tax
-£103k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.19 | -£103k |
| 2023 | 0.22 | -£196k |
| 2021 | 0.05 | -£41k |
| 2020 | 0.05 | +£1.5M |
Derived from filed accounts. Not audited figures.