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Optimum Technology Holdings Limited

04967724

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

30 THE STREET, SHERINGHAM, NR26 8AD
Incorporated 18/11/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Kim Patchett

director · Since 18/11/2003

ENGINEER

BRITISH · ENGLAND · Age 72

Also on 1 other board

Persons with Significant Control

Mr Kim Patchett

75–100% shares

British · England · Age 72

30, The Street, Sheringham, NR26 8AD

Notified 06/04/2016

CompanyRankvs 7808+ SIC 70100 peers
43

Financial strength85th percentile among SIC peers · 21/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees0/15 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.

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 director has 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 c

Key FinancialsYear ending 30/11/2024

Net Worth

£1.7M

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£959k

Working capital

Current Assets

£618k

Current Liabilities

£1.6M

Fixed Assets

£2.7M

Debtors

£611k

Tax at Year End

VAT£3k

Director Loans

Company owes directors£1.4M

Balance Sheet

Intangible assets£34k
Assets less current liabilities£1.7M
Signed by Mr Kim Patchett 15th May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.39-£4.3M£60k
20233.32-£5k£60k
20223.35+£138k£72k
202185.52——

Derived from filed accounts. Not audited figures.