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Owners United Ltd

13525303

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

370-386 FARNHAM ROAD, SLOUGH, SL2 1JD
Incorporated 22/07/2021

Compliance

Last accounts

31/10/2024

unaudited abridged

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 28/07/2025

Due 11/08/2026

On track

Industry

41100
Development of building projects

Officers

Mr Ashiq Ali Abdeali

director · Since 23/07/2021

DIRECTOR

BRITISH · ENGLAND · Age 60

Mr Iqbal Hussain Abdeali

director · Since 26/07/2021

FINANCIAL DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 24 other boards

Persons with Significant Control

Mr Ashiq Ali Abdeali

75–100% shares
75–100% votes
Appoint directors

British · England · Age 60

370-386 Farnham Road, Slough, SL2 1JD

Notified 23/07/2021

Mr Iqbal Hussain Abdeali

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · England · Age 71

370-386, Farnham Road, Slough, SL2 1JD

Notified 26/07/2021

Former PSCs

Cfs Secretaries Limited

Ceased 23/07/2021

Mr Bryan Thornton

Ceased 23/07/2021

Charges3 outstanding

Charge
outstanding

METRO BANK PLC

Created 24/01/2022Registered 27/01/2022
Charge
outstanding

METRO BANK PLC

Created 27/08/2021Registered 31/08/2021
Charge
outstanding

METRO BANK PLC

Created 27/08/2021Registered 31/08/2021

CompanyRankvs 68885+ SIC 41100 peers
23

Financial strength4th percentile among SIC peers · 1/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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68885Owners United Ltd
32
How is this score calculated?
Financial strength1/25 pts

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

Employees10/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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 31/10/2024

Net Worth

-£168k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£1.7M

Working capital

Current Assets

£56k

Current Liabilities

£1.7M

Fixed Assets

£1.5M

Debtors

£50k

2avg. employees

Balance Sheet

Assets less current liabilities-£168k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£177k
20230.00—

Derived from filed accounts. Not audited figures.