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O&G Property 8 Limited

12374514

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
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)

Details

321, 37 CREMER STREET, LONDON, E2 8HD
Incorporated 20/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Noah Hitchcox

director · Since 20/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 50 other boards

Mr Tom Bestwick

director · Since 19/01/2024

ARCHITECT

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr Tom Bestwick

25–50% shares
25–50% votes

British · England · Age 37

315, 37, Cremer Street, London, E2 8HD

Notified 20/12/2019

O&G Group Limited

25–50% shares

321, 37, Cremer Street, London, E2 8HD

Reg: 07830531 · Companies House · Ltd

Notified 20/12/2019

Charges0 outstanding

Charge
satisfied

CROWD PROPERTY LIMITED

Created 26/03/2021Registered 30/03/2021Satisfied 05/03/2024
Charge
satisfied

CROWD PROPERTY LIMITED

Created 26/03/2021Registered 30/03/2021Satisfied 05/03/2024

CompanyRankvs 111757+ SIC 68100 peers
31

Financial strength21th percentile among SIC peers · 5/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength5/25 pts

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

Employees9/15 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.

Longevity6/15 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

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

Going Concern Doubt

cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. 1.2. 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 concern.

Key FinancialsYear ending 31/12/2021

Net Worth

-£4k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£552k

Current Liabilities

£556k

Debtors

£13k

1avg. employees

Director Loans

Company owes directors£126k

Balance Sheet

Assets less current liabilities-£4k
Signed by Noah Hitchcox 29 November 2022Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20210.99-£2k
20200.99

Derived from filed accounts. Not audited figures.