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Open Utility Ltd

08384033

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)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

86-90 PAUL STREET, LONDON, EC2A 4NE
Incorporated 31/01/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr James Johnston

director · Since 31/01/2013

DIRECTOR

IRISH · ENGLAND · Age 40

Mrs Beverley Karen Gower-Jones

director · Since 11/12/2020

MANAGING PARTNER

BRITISH · ENGLAND · Age 62

Also on 7 other boards

Mr Jan Palasinski

director · Since 26/02/2024

COMPANY DIRECTOR

ITALIAN · ITALY · Age 47

Mr Timothy Sutherland Naylor

director · Since 10/10/2025

NON-EXECUTIVE DIRECTOR

NEW ZEALANDER · ENGLAND · Age 57

Also on 1 other board

Persons with Significant Control

Former PSCs

Mr James Johnston

Ceased 01/12/2020

Mr Andrew James Kilner

Ceased 01/12/2020

Miss Alice Francesca Tyler

Ceased 01/12/2020

CompanyRankvs 20728+ SIC 62012 peers
60

Financial strength48th percentile among SIC peers · 12/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 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.

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.

Longevity13/15 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 31/01/2020

Turnover

£498k

Annual revenue

Net Worth

£394

Balance sheet strength

Cash

£366k

Cash in the bank

Profit Before Tax

-£202k

Bottom line earnings

Net Current Assets

-£15k

Working capital

Current Assets

£602k

Current Liabilities

£617k

Fixed Assets

£687k

Debtors

£236k

Admin Expenses

£700k

Operating Profit

-£202k

Profit After Tax

-£160k

11avg. employees+1

Balance Sheet

Intangible assets£667k
Assets less current liabilities£671k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20200.98
201915.75

Derived from filed accounts. Not audited figures.