The Firmwatch take
Obi Developments Limited is a 3-year-old real estate, active on the Companies House register. The latest filed accounts (year to 31 March 2025) show -GBP 120k in net assets, with 1 distress signal extracted from the filing (negative net assets). No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Incorporated
18 August 2022
3 years on the register
Sector
Buying and selling of own real estate
SIC 68100
Size
Not classified
Net assets
−£120k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
High insolvency risk
The latest public accounts show multiple stress signals. Treat this as a prompt for deeper checks, not as a formal insolvency prediction.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
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
−£120k
Bottom 10% in sector · sector median £2k · 308,634 filers in this sector
Cash
Not disclosed
Working cap.
−£114k
Median £1
Current ratio
0.1×
Median 0.5×
Signals · 3
Negative net assets
The latest filed accounts show liabilities exceeding assets.
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 · Real Estate
How this company compares in 308,634 filers in this sector
Bottom 10% in sector — Obi Developments Limited shows −£120k in net assets. Sector median is £2k.
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
- AS
ASHLEY, Steven Antony
director · since 2022
Registered office
Address intelligence
32 other companies registered here.
Common for accountants' offices and small business centres.
Address pattern · N10 2QD
32 other UK companies registered at this postcode.
Active
31
Dissolved
0
Strike-off action
1
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.