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Owon Technology Limited

05993216

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)
  • Current liabilities exceed current assets (-10)

Details

7 BOLTON ROAD, WIGAN, WN4 8AA
Incorporated 09/11/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
46520
Wholesale of electronic and telecommunications equipment and parts
62020
Information technology consultancy activities
74909
Other professional, scientific and technical activities

Officers

Mr Phillip Edward Martin

director · Since 02/07/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Ms Huanlin Chen

director · Since 10/07/2018

COMPANY DIRECTOR

CHINESE · ENGLAND · Age 42

Persons with Significant Control

Ms Huanlin Chen

75–100% shares

Chinese · England · Age 42

7, Bolton Road, Wigan, WN4 8AA

Notified 28/05/2018

Former PSCs

Mrs Bing Zou

Ceased 28/05/2018

CompanyRankvs 40553+ SIC 41100 peers
52

Financial strength57th percentile among SIC peers · 14/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.58× · 6/20
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 strength14/25 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.

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 31/10/2024

Net Worth

£3k

Balance sheet strength

Cash

£61k

Cash in the bank

Net Current Assets

-£95k

Working capital

Current Assets

£134k

Current Liabilities

£229k

Fixed Assets

£216

Debtors

£53k

0avg. employees

Balance Sheet

Assets less current liabilities-£95k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.58-£28k
20231.37-£10k
20220.32+£3k
20210.39+£220
20200.37-£5k
20190.38-£6k
20180.14

Derived from filed accounts. Not audited figures.