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Ohm Developments Ltd

13752136

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

15 PALACE STREET, NORWICH, NR3 1RT
Incorporated 18/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr James John Fulford

director · Since 18/11/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Mrs Sophie Jane Fulford

director · Since 18/11/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 1 other board

Persons with Significant Control

Mr James John Fulford

25–50% shares
25–50% votes

British · United Kingdom · Age 46

15, Palace Street, Norwich, NR3 1RT

Notified 18/11/2021

Mrs Sophie Jane Fulford

25–50% shares
25–50% votes

British · United Kingdom · Age 49

15, Palace Street, Norwich, NR3 1RT

Notified 18/11/2021

Charges1 outstanding

Charge
outstanding

C HOARE & CO

Created 31/08/2022Registered 01/09/2022

CompanyRankvs 223425+ SIC 68209 peers
25

Financial strength3th percentile among SIC peers · 1/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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223425Ohm Developments Ltd
34
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.

Employees12/15 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 31/03/2024

Net Worth

-£95k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£105k

Current Liabilities

£1.1M

Fixed Assets

£1.7M

2avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.10-£51k
20230.07—

Derived from filed accounts. Not audited figures.