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Optimal Accommodation (Oa) Limited

12526563

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

ONYX HOUSE 12 PHOENIX BUSINESS PARK, BIRMINGHAM, B7 4NU
Incorporated 19/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Kunal Patel

director · Since 19/03/2020

DIRECTOR

BRITISH · ENGLAND · Age 40

Mrs Sunaina Kunal Patel

director · Since 19/03/2020

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 6 other boards

Persons with Significant Control

Mr Kunal Patel

25–50% shares
25–50% votes

British · England · Age 40

Onyx House, 12 Phoenix Business Park, Birmingham, B7 4NU

Notified 19/03/2020

Mrs Sunaina Kunal Patel

25–50% shares
25–50% votes

British · England · Age 41

Onyx House, 12 Phoenix Business Park, Birmingham, B7 4NU

Notified 19/03/2020

Charges2 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 28/10/2022Registered 31/10/2022
Charge
outstanding

NOTTINGHAM BUILDING SOCIETY

Created 28/08/2020Registered 23/03/2021

CompanyRankvs 120723+ SIC 68209 peers
43

Financial strength57th percentile among SIC peers · 14/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength14/25 pts

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

Employees12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£7k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£42k

Current Liabilities

£55k

Fixed Assets

£110k

Debtors

£38k

2avg. employees

Director Loans(2021)

Company owes directors£47k

Balance Sheet

Assets less current liabilities£98k
Signed by 12526563 2024-04-01 2025-03-31 12526563 2025-03-31 12526563 core:CurrentFinancialInstruments 2025-03-31 12526563 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.78+£1k
20240.86+£416
20230.80
20220.24
20210.05

Derived from filed accounts. Not audited figures.