The Firmwatch take
Off Chance Limited is a 43-year-old publishing and media, active on the Companies House register. The latest filed accounts (year to 31 January 2025) show GBP 100 in net assets, with 2 cautionary signals worth monitoring. No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Incorporated
13 April 1983
43 years on the register
Sector
Sound recording and music publishing activities
SIC 59200
Size
Not classified
Net assets
£100
Bottom 30% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Elevated insolvency risk
The latest public accounts show financial pressure that should be reviewed before relying on the company as a customer, supplier or counterparty.
Thin net asset buffer
The company reports a small visible net asset position.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Money
What the balance sheet says
Net assets
£100
Bottom 30% in sector · sector median £449 · 60,894 filers in this sector
Cash
Not disclosed
Working cap.
−£212k
Median £2k
Current ratio
0.2×
Median 1.2×
Signals · 3
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Sector benchmark · Publishing and Media
How this company compares in 60,894 filers in this sector
Bottom 30% in sector — Off Chance Limited shows £100 in net assets. Sector median is £449.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
People
Who runs this company
- TP
THORNALLEY, Philip Carden
director
- TP
THORNALLEY, Philip Carden
secretary
Registered office
Address intelligence
18 other companies registered here.
Common for accountants' offices and small business centres.
Address pattern · NW6 4NN
18 other UK companies registered here — all still trading.
Active
18
Dissolved
0
Strike-off action
0
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.