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Opencast Software Europe Limited

08047734

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

STUDIO 2 THE KILN, HOULTS YARD, NEWCASTLE UPON TYNE, NE6 1AB
Incorporated 26/04/2012

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 24/05/2026

Due 07/06/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Charles Wilson Hoult

director · Since 26/04/2012

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 8 other boards

Dr Katherine Anne Short

secretary · Since 12/11/2021

Mr Thomas William Lawson

director · Since 27/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Mr James William Hodgson

secretary · Since 06/03/2024

Also on 2 other boards

Mr James William Hodgson

director · Since 06/03/2024

CHIEF FINANCIAL OFFICER

BRITISH · UNITED KINGDOM · Age 43

Also on 2 other boards

Persons with Significant Control

Opencast Software Europe Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Studio 2 The Kiln, Hoults Yard, Newcastle Upon Tyne, NE6 1AB

Reg: 15132278 · Uk Companies House · Private Limited Company

Notified 12/02/2024

Former PSCs

Mr Charles Wilson Hoult

Ceased 12/02/2024

Mr Francis Michael O'Brien

Ceased 12/02/2024

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/02/2024Registered 15/02/2024
Charge
outstanding

FRANCIS MICHAEL O'BRIEN (IN HIS CAPACITY AS A SECURITY TRUSTEE FOR THE BENEFICIARIES)(AS DEFINE

Created 12/02/2024Registered 14/02/2024
Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 30/09/2022Registered 03/10/2022Satisfied 12/02/2024
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 09/12/2020Registered 18/12/2020Satisfied 12/02/2024
charge
satisfied

CALVERTON FACTORS LTD

Created 15/08/2012Registered 23/08/2012Satisfied 25/01/2023

CompanyRankvs 4475+ SIC 62020 peers
65

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.68× · 16/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees15/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2023

Turnover

£49.9M

Annual revenue

Net Worth

£5.8M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Profit Before Tax

£3.2M

Bottom line earnings

Net Current Assets

£3.4M

Working capital

Current Assets

£8.3M

Current Liabilities

£4.9M

Fixed Assets

£3.2M

Debtors

£7.1M

Cost of Sales

£32.9M

Gross Profit

£17.1M

Admin Expenses

£13.8M

Operating Profit

£3.3M

Profit After Tax

£2.5M

258avg. employees+171

Tax at Year End

Corp tax£415k
Dividends paid-£1.6M

People Costs

Wages & salaries£28.9M

Balance Sheet

Intangible assets£1.9M
Bank loans & overdrafts£50k
Assets less current liabilities£6.6M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20231.68+£4.6M
20211.35
20201.46
20192.43
20182.01

Derived from filed accounts. Not audited figures.