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Oyo Group Ltd

12261945

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

374 LEY STREET, ILFORD, IG1 4AE
Incorporated 15/10/2019

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 14/10/2025

Due 28/10/2026

On track

Industry

47630
Retail sale of music and video recordings in specialised stores
47910
Retail sale via mail order houses or via Internet
59200
Sound recording and music publishing activities
90010
Performing arts

Officers

Mr Michael Olamide Idowu

director · Since 15/10/2019

PRODUCTION MANAGER

BRITISH · ENGLAND · Age 32

Also on 1 other board

Persons with Significant Control

Mr Michael Olamide Idowu

75–100% shares
75–100% votes
Appoint directors

British · England · Age 32

1, Temple Hill Square, Dartford, DA1 5HY

Notified 15/10/2019

CompanyRankvs 370+ SIC 47630 peers
49

Financial strength12th percentile among SIC peers · 3/25
Employees50th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.51× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 pts

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

Liquidity16/20 pts

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

Longevity7/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

-£14k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£7k

Current Liabilities

£5k

Fixed Assets

£146

1avg. employees

Director Loans

Company owes directors£332

Balance Sheet

Assets less current liabilities£3k
Signed by Mr Michael Olamide Idowu 29 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.51-£10k
20233.62-£822
202218.83
20210.86
20200.79

Derived from filed accounts. Not audited figures.