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Ovio Solutions Ltd

09221477

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

TEC MARINA, PENARTH, CF64 1SA
Incorporated 16/09/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities
62090
Other information technology service activities
85590
Other education
86900
Other human health activities

Officers

Mr Ian Wilkins

director · Since 01/01/2015

DIRECTOR

BRITISH · WALES · Age 44

Mr Joseph Taffurelli

director · Since 21/07/2025

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 1 other board

Mr Huw David Davies

director · Since 19/01/2026

BRITISH · WALES · Age 43

Also on 14 other boards

Mr Rhys Geraint Jenkins

director · Since 01/04/2026

BRITISH · WALES · Age 42

Also on 2 other boards

Persons with Significant Control

Icf Holdings Limited

50–75% shares
50–75% votes

Bradbury House, Mission Court, Newport, NP20 2DW

Reg: 11777140 · Companies House · Private Company Limited By Shares

Notified 30/09/2022

Former PSCs

Indigo Service Solutions Limited

Ceased 30/09/2022

Charges1 outstanding

Charge
outstanding

BNP PARIBAS COMMERCIAL FINANCE LIMITED

Created 09/03/2026Registered 12/03/2026
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/03/2025Registered 17/03/2025Satisfied 09/01/2026
Charge
satisfied

RBS INVOICE FINANCE LTD

Created 12/09/2019Registered 12/09/2019Satisfied 23/12/2021

CompanyRankvs 4308+ SIC 43999 peers
59

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.41× · 12/20
Longevity12 years trading (max 15) · 12/15
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.

Liquidity12/20 pts

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

Longevity12/15 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

Key FinancialsYear ending 30/09/2024

Net Worth

£1.8M

Balance sheet strength

Cash

£2.1M

Cash in the bank

Profit Before Tax

£693k

Bottom line earnings

Net Current Assets

£1.7M

Working capital

Current Assets

£6.0M

Current Liabilities

£4.2M

Fixed Assets

£6k

Debtors

£3.9M

Cost of Sales

£37.6M

Admin Expenses

£1.1M

Profit After Tax

£519k

17avg. employees-426

Tax at Year End

Corp tax£177k

People Costs(2023)

Wages & salaries£26.9M

Balance Sheet

Intangible assets£0
Assets less current liabilities£1.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.41+£519k
20231.77+£213k
20221.48+£236k
20211.39+£267k
20201.15+£143k
20191.18

Derived from filed accounts. Not audited figures.