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Ovation Limited

04222641

active
Private Limited Company
Companies House
Health Score
98 / 100

Healthy

30/30
Filing
30/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

DUNSTON INNOVATION CENTRE, CHESTERFIELD, S41 8NG
Incorporated 23/05/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
74909
Other professional, scientific and technical activities

Officers

Mr Jonathan Grey

director · Since 23/05/2001

DIRECTOR

IRISH · ENGLAND · Age 53

Rachel Grey

secretary · Since 01/09/2003

COMPANY DIRECTOR

IRISH · Age 55

Persons with Significant Control

Jonathan Grey

Appoint directors

Irish · England · Age 53

Dunston Innovation Centre, Dunston Road, Chesterfield, S41 8NG

Notified 30/06/2016

Northbourne Group Limited

50–75% shares
50–75% votes

Cleveland, Blackrock Road, Cork

Reg: 744283 · Ireland · Private Company Limited By Shares

Notified 22/09/2025

Former PSCs

Mrs Rachel Grey

Ceased 01/10/2025

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/02/2012Registered 17/02/2012

CompanyRankvs 2422+ SIC 62012 peers
71

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.14× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£458k

Cash in the bank

Profit Before Tax

£312k

Bottom line earnings

Net Current Assets

£158k

Working capital

Current Assets

£1.3M

Current Liabilities

£1.1M

Fixed Assets

£1.2M

Debtors

£147k

17avg. employees

Tax at Year End

Corp tax£55k

Balance Sheet

Intangible assets£518k
Assets less current liabilities£1.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.14+£0
20251.14+£197k
20240.99

Derived from filed accounts. Not audited figures.