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Otic Global Limited

04946847

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

17 HIGH ROAD, BROXBOURNE, EN10 6HT
Incorporated 29/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities
69202
Bookkeeping activities
78109
Other activities of employment placement agencies
82110
Combined office administrative service activities

Officers

Kehinde Olorunnimbe Victor Macarthy

director · Since 12/11/2003

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 64

Also on 1 other board

Mr Olusegun Christopher Idahor

secretary · Since 01/07/2015

Mrs Nina Leonce Deugoue

director · Since 01/07/2015

CERTIFIED CHARTERED ACCOUNTANT

BRITISH · BRITISH · Age 47

Persons with Significant Control

Mr Kehinde (Kenny) Macarthy

75–100% shares

British · England · Age 64

17, High Road, Broxbourne, EN10 6HT

Notified 01/08/2016

CompanyRankvs 28735+ SIC 69201 peers
35

Financial strength4th percentile among SIC peers · 1/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 31/10/2024

Turnover

£2k

Annual revenue

Net Worth

-£14k

Balance sheet strength

Cash

£2k

Cash in the bank

Profit Before Tax

£682

Bottom line earnings

Net Current Assets

£2k

Working capital

Current Assets

£2k

Current Liabilities

£17k

Fixed Assets

£436

Cost of Sales

£0

Gross Profit

£2k

Admin Expenses

£968

Operating Profit

£682

Profit After Tax

£682

0avg. employees

Balance Sheet

Assets less current liabilities£3k
Signed by 1.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.14-£547
20230.12+£208
20220.14-£343
20210.10-£545
20200.14-£1k
20190.13-£3k
20185.64

Derived from filed accounts. Not audited figures.