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Eco Frames Oldbury Ltd

12768717

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

UNIT 2, OLDBURY, B69 4PH
Incorporated 27/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Mr Davinder Singh Ojla

director · Since 27/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Mr Pawitter Singh

director · Since 27/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Persons with Significant Control

Mr Davinder Singh Ojla

25–50% shares
25–50% votes
Appoint directors

British · England · Age 42

Unit 2, Wellington Street, Oldbury, B69 4PH

Notified 27/07/2020

Mr Pawitter Singh

25–50% shares
25–50% votes
Appoint directors

British · England · Age 38

Unit 2, Wellington Street, Oldbury, B69 4PH

Notified 27/07/2020

CompanyRankvs 1822+ SIC 22290 peers
54

Financial strength63th percentile among SIC peers · 16/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.66× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees11/15 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.

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

Key FinancialsYear ending 31/07/2024

Net Worth

£119k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£55k

Working capital

Current Assets

£135k

Current Liabilities

£203k

Fixed Assets

£220k

8avg. employees

Tax at Year End(2023)

Corp tax£4k

Balance Sheet

Assets less current liabilities£166k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.66+£75k
20233.07+£29k
20223.12-£4k
20212.88

Derived from filed accounts. Not audited figures.