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Usable Technology Limited

05030729

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

INTERNATIONAL HOUSE, LONDON, SW7 4EF
Incorporated 30/01/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr David Ogunremi

director · Since 31/01/2006

IT CONSULTANT

BRITISH · ENGLAND · Age 54

Sally Julie Ogunremi

secretary · Since 02/04/2007

HR MANAGER

IRISH · Age 56

Mrs Sally Ogunremi

director · Since 18/04/2025

DESIGNER

IRISH · ENGLAND · Age 56

Persons with Significant Control

Mr David Ogunremi

25–50% shares
25–50% votes
Appoint directors

British · England · Age 54

International House, Cromwell Road, London, SW7 4EF

Notified 06/04/2016

Mrs Sally Ogunremi

25–50% shares

Irish · England · Age 56

International House, Cromwell Road, London, SW7 4EF

Notified 18/04/2025

Former PSCs

Mrs Sally Julie Ogunremi

Ceased 05/11/2019

Mrs Sally Julie Ogunremi

Ceased 18/08/2023

Mrs Sally Julie Ogunremi

Ceased 30/12/2024

CompanyRankvs 52583+ SIC 62020 peers
57

Financial strength38th percentile among SIC peers · 10/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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52583Usable Technology Limited
53
How is this score calculated?
Financial strength10/25 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.

Liquidity6/20 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 31/07/2025

Net Worth

£249

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£106k

Current Liabilities

£110k

Fixed Assets

£4k

2avg. employees

Balance Sheet

Assets less current liabilities£249
Prepared with FreeAgent

EstimatesDerived

YearCurrent Ratio
20250.97
20240.94
20230.92
20221.74
20212.17
20200.95
20190.96
20181.00

Derived from filed accounts. Not audited figures.