Octagon I/O Ltd
09329199
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 26/11/2025
Due 10/12/2026
Industry
Officers
director · Since 26/11/2014
DIRECTOR
SWISS · UNITED KINGDOM · Age 34
Also on 1 other board
director · Since 26/11/2014
DIRECTOR
BRITISH · UNITED KINGDOM · Age 35
Also on 1 other board
Former
director · Resigned 15/03/2019
director · Resigned 10/03/2021
director · Resigned 25/05/2022
director · Resigned 15/06/2022
Persons with Significant Control
Former PSCs
Mr Raphael Scheps
Ceased 01/01/2019
Mr Gideon Thorne Farrell
Ceased 01/01/2019
Charges0 outstanding
SILICON VALLEY BANK
Change History
Active
Private Limited Company
105 HIGH STREET
WORCESTER
CompanyRankvs 16637+ SIC 62012 peers62
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£399
Balance sheet strength
Cash
£662k
Cash in the bank
Net Current Assets
£2.6M
Working capital
Current Assets
£3.5M
Current Liabilities
£948k
Fixed Assets
£5.7M
Debtors
£2.2M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 3.72 |
| 2023 | 11.01 |
| 2022 | 41.70 |
| 2021 | 8.75 |
| 2020 | 9.91 |
| 2019 | 8.84 |
| 2018 | 3.58 |
Derived from filed accounts. Not audited figures.