Op Associates Ltd
Registered name: OP ASSOCIATES LTD
Op Associates Ltd made £270k revenue and £3k profit in the year to 31 Dec 2024.
Op Associates Ltd’s revenue was £271k in the year to 31 Dec 2024, with £3k profit and 1 employee. The company is classified under “manufacture of other furniture” and is based in Tingrith; we hold 4 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Tingrith, South East
- Age
- 8 yrs · since 2017
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Dec 2021 | 29 Dec 2022 | 29 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | No P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | — | £271k |
| Profit after tax | — | — | — | £3k |
| Profit (best available) | — | — | — | £3k |
| Employees (average) | — | 2 | 1 | 1 |
| Ratios | ||||
| Profit margin | — | — | — | 1.1% |
| Revenue per employee | — | — | — | £271k |
| Profit per employee | — | — | — | £3k |
| Growth (year on year) | ||||
| Headcount growth | — | — | ▼50% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £544k | £133k | £142k | £90.6k |
| Fixed assets | £453k | £42.9k | — | — |
| Current assets | £90.6k | £90.6k | £139k | £90.6k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 1.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £271k
- Revenue ÷ average employees.
- Profit per employee
- £3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼36%
- Now £90.6k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- Perce & Williams LtdExeter · Manufacture of other furniture
- Revenue
- £279k
- Profit
- £29.2k
- Staff
- 6
- Woodshed Workshop Community Interest CompanyDurham · Manufacture of other furniture
- Revenue
- £294k
- Profit
- £20.3k
- Staff
- 5
- Quayside Antiques LimitedNewhaven · Manufacture of other furniture
- Revenue
- £203k
- Profit
- £67.5k
- Staff
- 0
- Orchard Way Property Group LtdSutton in Ashfield · Manufacture of other furniture
- Revenue
- £386k
- Profit
- £286k
- Staff
- 0
- Slowe Living LtdMaidenhead · Manufacture of other furniture
- Revenue
- £188k
- Profit
- £32.3k
- Staff
- 1
- Designs Woodcraft LtdPulborough · Manufacture of other furniture
- Revenue
- £170k
- Profit
- £6.4k
- Staff
- 3
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £3k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.