Back to search

Onyx Law Limited

12921686

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)

Details

7 BELL YARD, LONDON, WC2A 2JR
Incorporated 02/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69109
Activities of patent and copyright agents; other legal activities

Officers

Mr Simon Henry Farrell

director · Since 02/10/2020

BARRISTER

BRITISH · UNITED KINGDOM · Age 66

Also on 1 other board

Mr Ellis Wolfe Sareen

director · Since 02/10/2020

BARRISTER

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Persons with Significant Control

Mr Ellis Wolfe Sareen

25–50% shares

British · England · Age 51

7, Bell Yard, London, WC2A 2JR

Notified 02/10/2020

Mr Simon Henry Farrell

50–75% shares

British · United Kingdom · Age 66

7, Bell Yard, London, WC2A 2JR

Notified 02/10/2020

CompanyRankvs 6521+ SIC 69109 peers
33

Financial strength12th percentile among SIC peers · 3/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Dennemeyer & Company Limited
90
2Swindell & Pearson Limited
90
3Property Debt Collection Limited
90
4Fcls Group Limited
90
5Small Firms Services Limited
90
6The International Dispute Resolution Centre Limited
90
7W.S.L. Limited
90
8High Court Enforcement Group Limited
90
9Phoenix Legal Services Limited
90
10Meissner Bolte (Uk) Limited
90
6521Onyx Law Limited
28
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.

Employees3/15 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 31/10/2024

Net Worth

-£2k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£14k

Current Liabilities

£17k

0avg. employees

Balance Sheet

Assets less current liabilities-£2k
Signed by 1.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.86-£7k
20231.81—

Derived from filed accounts. Not audited figures.