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Off Grid 31 Ltd

14978939

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

3 MAES YR EITHIN, BRIDGEND, CF35 6BJ
Incorporated 04/07/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands
56302
Public houses and bars

Officers

Mr Simon Matthews

director · Since 04/07/2023

FINANCE DIRECTOR

BRITISH · WALES · Age 59

Also on 3 other boards

Mr Yeeyung James Wun

director · Since 04/07/2023

COMMERCIAL DIRECTOR

BRITISH · WALES · Age 46

Also on 3 other boards

Persons with Significant Control

Mr Yeeyung James Wun

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

British · Wales · Age 46

Castle Green Cottage, Heol Spencer, Bridgend, CF35 6AU

Notified 04/07/2023

Mr Simon Matthews

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

British · Wales · Age 59

3, Maes Yr Eithin, Bridgend, CF35 6BJ

Notified 04/07/2023

Former PSCs

Mr Rory William Pitman

Ceased 22/11/2024

CompanyRankvs 9378+ SIC 56103 peers
59

Financial strength98th percentile among SIC peers · 25/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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9378Off Grid 31 Ltd
59
How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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.

Longevity3/15 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

£193k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£357k

Working capital

Current Assets

£10k

Current Liabilities

£367k

Fixed Assets

£164k

11avg. employees

Balance Sheet

Assets less current liabilities£193k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.03

Derived from filed accounts. Not audited figures.