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Outset Fostering Agency Ltd

12326599

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

THE WENTA BUSINESS CENTRE, ENFIELD, EN3 7XU
Incorporated 21/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

88990
Other social work activities without accommodation

Officers

Mr Nathaniel Sium

director · Since 21/11/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 29

Also on 3 other boards

Mr Peniel Sium

director · Since 21/11/2019

SOCIAL WORKER

BRITISH · UNITED KINGDOM · Age 31

Persons with Significant Control

Desium Ltd

75–100% shares
75–100% votes

The Wenta Business Centre, 1 Electric Avenue, Enfield, EN3 7XU

Reg: 17121708 · Companies House · Private Limited Company By Shares

Notified 31/03/2026

Former PSCs

Mr Nathaniel Sium

Ceased 31/03/2026

Mr Peniel Sium

Ceased 31/03/2026

Mrs Zelalem Desta Mebrahtu

Ceased 31/03/2026

CompanyRankvs 1213+ SIC 88990 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.98× · 20/20
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 strength24/25 pts

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

Employees13/15 pts

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

Liquidity20/20 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 30/11/2024

Net Worth

£657k

Balance sheet strength

Cash

£485k

Cash in the bank

Net Current Assets

£584k

Working capital

Current Assets

£878k

Current Liabilities

£294k

Fixed Assets

£73k

Debtors

£393k

9avg. employees+1

Balance Sheet

Assets less current liabilities£657k
Signed by N SIUM 15/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.98+£207k
20233.13+£183k
20224.17+£234k
20212.28+£18k
20200.54

Derived from filed accounts. Not audited figures.