Company Overview
Outsourced Accounts Department Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 04 December 2009, so this is a well established company. Outsourced Accounts Department Ltd has been in business for 16 years and 4 months. The accounts status is micro entity and the accounts are next due on Friday 30 January 2026.
Registered Address

Flat 10, Sommerville Court, Park Lane, Salford, M7 4HU
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Companies House Data
Company NameOUTSOURCED ACCOUNTS DEPARTMENT LTD
Company Number07095765
Registered Office AddressFlat 10, Sommerville Court
 Park Lane
 M7 4HU
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date04/12/2009
Accounting Reference Date Day30
Accounting Reference Date Month1
Accounts Next Due Date30/01/2026
Accounts Last Made Up Date31/01/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date01/01/2017
Returns Last Made Up Date04/12/2015
Directors & Members
David Halpern - Director
(British, 53 years old, born June 1973)
Appointed 04 December 2009
 Active
Secretaries
Show Resigned
Anna Shields - Secretary
Appointed 13 May 2025
 Active
Shoshana Steinhaus - Secretary
Appointed 12 July 2024
 Active
Other Company Directorships
David Halpern
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Jan-2024 31-Jan-2022 31-Jan-2021
Balance Sheet
Fixed Assets 520 520 0
Current Assets 60,744 60,744 50,773
Creditors Due Within One Year 33,327 33,327 33,617
Working Cap 27,417 27,417 17,156
Total Assets Less Current Liabilities 27,937 27,937 17,156
Long-term Liabilities 14,100 14,100 10,504
Net Assets 13,837 13,837 6,652
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 13,837 13,837 6,652
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jan-2024 31-Jan-2022 31-Jan-2021
Tangible Fixed Assets - - -
Fixed Assets 0.8% 0.8% 0.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 99.2% 99.2% 100.0%
Creditors Due Within One Year 54.4% 54.4% 66.2%
Net Current Assets Liabilities 44.8% 44.8% 33.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 22.6% 22.6% 13.1%
Capital Employed - - -
Total Assets Less Current Liabilities 45.6% 45.6% 33.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jan-2024 31-Jan-2022 31-Jan-2021
Liquidity Ratio 1.8 1.8 1.5
Solvency Ratio 1.3 1.3 1.2
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Jan-2024 31-Jan-2022 31-Jan-2021
Assets 61,264 61,264 50,773
Debt 47,427 47,427 44,121
Net Assets/Debt 13,837 13,837 6,652

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 4 December 2025 with updates
Registered office address changed from Flat 10, Sommerville Court Park Lane Salford M7 4HU England to 30 Woodhill Drive Prestwich Manchester M25 0AD on 4 June 2025
Appointment of Anna Shields as a secretary on 13 May 2025
Confirmation statement made on 4 December 2024 with no updates
Appointment of Mrs Shoshana Steinhaus as a secretary on 12 July 2024
Termination of appointment of Emma Halpern as a secretary on 30 June 2024
Registered office address changed from 14 Danesway Prestwich Manchester M25 0FS to Flat 10, Sommerville Court Park Lane Salford M7 4HU on 18 June 2024
Confirmation statement made on 4 December 2023 with updates
Previous accounting period shortened from 31 January 2023 to 30 January 2023
Confirmation statement made on 4 December 2022 with updates
Confirmation statement made on 4 December 2021 with no updates
Confirmation statement made on 4 December 2020 with no updates
Confirmation statement made on 4 December 2019 with updates
Confirmation statement made on 4 December 2018 with updates
Cessation of Emma Halpern as a person with significant control on 9 January 2018
Statement of capital following an allotment of shares on 9 January 2018
Confirmation statement made on 4 December 2017 with no updates
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