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Outofthebit Ltd

06776817

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)

Details

26 BEULAH ROAD, LONDON, SW19 3SB
Incorporated 18/12/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Ali Motisi

director · Since 18/12/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 1 other board

Persons with Significant Control

Mr Ali Motisi

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm

British · United Kingdom · Age 47

22, Cranleigh Road, London, SW19 3LU

Notified 01/12/2016

CompanyRankvs 655+ SIC 62020 peers
89

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 10.26× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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655Outofthebit Ltd
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£2.0M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.4M

Current Liabilities

£140k

Fixed Assets

£743k

Debtors

£4k

5avg. employees-2

Balance Sheet

Assets less current liabilities£2.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202410.26+£62k
20238.53+£158k
20229.89+£258k
202111.35+£143k
20208.56+£375k
201915.38+£287k
20185.90—

Derived from filed accounts. Not audited figures.