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Obsolve Ltd

14123367

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

BERKELEY TOWNSEND HUNTER HOUSE 150 HUTTON ROAD, BRENTWOOD, CM15 8NL
Incorporated 23/05/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32500
Manufacture of medical and dental instruments and supplies
32990
Other manufacturing

Officers

Mr Lewis Norman Calcutt

director · Since 23/05/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Mr Nishant Varma

director · Since 23/05/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 2 other boards

Dr Rajiv Varma

director · Since 23/05/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 3 other boards

Persons with Significant Control

Mr Nishant Varma

25–50% shares
25–50% votes

British · United Kingdom · Age 41

Berkeley Townsend Hunter House, 150 Hutton Road, Brentwood, CM15 8NL

Notified 23/05/2022

Mr Lewis Norman Calcutt

Significant control

British · United Kingdom · Age 52

Berkeley Townsend Hunter House, 150 Hutton Road, Brentwood, CM15 8NL

Notified 23/05/2022

Former PSCs

Dr Rajiv Varma

Ceased 24/06/2024

CompanyRankvs 1479+ SIC 32500 peers
25

Financial strength44th percentile among SIC peers · 11/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1479Obsolve Ltd
35
How is this score calculated?
Financial strength11/25 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.

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.

Longevity4/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. 1.3 Research and development expenditure Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent th

Key FinancialsYear ending 31/05/2025

Net Worth

£300

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

-£91k

Working capital

Current Assets

£29k

Current Liabilities

£120k

Fixed Assets

£10k

Debtors

£4k

0avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities-£81k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.24
20250.24
20240.43

Derived from filed accounts. Not audited figures.