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Onics Ltd

04309632

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

4TH FLOOR 4TH FLOOR, CARDIFF, CF10 3BH
Incorporated 23/10/2001

Compliance

Last accounts

31/03/2023

total exemption full

Next accounts due

31/12/2024

Overdue

Confirmation statement

Last: 23/10/2025

Due 06/11/2026

On track

Industry

62090
Other information technology service activities

Officers

Mr Nathan Stuart Hill

director · Since 14/11/2017

DIRECTOR

BRITISH · WALES · Age 46

Also on 1 other board

Persons with Significant Control

Dr Nathan Stuart Hill

75–100% shares
75–100% votes
Appoint directors

British · Wales · Age 46

4th Floor, 4th Floor, Cardiff, CF10 3BH

Notified 27/03/2024

Former PSCs

Dr James Victor Watson

Ceased 03/03/2022

Estate Of James Victor Watson

Ceased 23/03/2024

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 09/02/2010Registered 11/02/2010Satisfied 27/03/2023

CompanyRankvs 18879+ SIC 62090 peers
51

Financial strength1th percentile among SIC peers · 0/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 16.7× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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18879Onics Ltd
61
How is this score calculated?
Financial strength0/25 pts

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

Employees11/15 pts

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

Liquidity20/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going conc

Key FinancialsYear ending 31/03/2023

Net Worth

-£1.3M

Balance sheet strength

Cash

£11

Cash in the bank

Net Current Assets

£163k

Working capital

Current Assets

£174k

Current Liabilities

£10k

Debtors

£174k

2avg. employees

Director Loans

Company owes directors£7k

Balance Sheet

Assets less current liabilities£163k
Signed by Dr N Hill 25 April 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202316.70-£11k
20210.32+£25k
20200.04+£33k
20190.06-£4k
20180.00—

Derived from filed accounts. Not audited figures.