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Open Innovations Ltd.

09417733

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

FIRST FLOOR OSBORNE HOUSE, HARROGATE, HG1 5QY
Incorporated 02/02/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63990
Other information service activities

Officers

Mr Paul Christian Connell

director · Since 02/02/2015

NONE

BRITISH · ENGLAND · Age 55

Also on 5 other boards

Mrs Kathryn Anne Connell

director · Since 02/02/2026

BRITISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Mr Paul Christian Connell

Appoint directors

British · England · Age 55

First Floor, Osborne House, Harrogate, HG1 5QY

Notified 06/04/2016

CompanyRankvs 386+ SIC 63990 peers
84

Financial strength94th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.97× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

Longevity11/15 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 31/03/2025

Net Worth

£226k

Balance sheet strength

Cash

£191k

Cash in the bank

Net Current Assets

£227k

Working capital

Current Assets

£304k

Current Liabilities

£77k

Fixed Assets

£6k

Debtors

£113k

7avg. employees

Tax at Year End(2020)

VAT£13k

Director Loans(2020)

Company owes directors£2k

Balance Sheet

Assets less current liabilities£233k
Signed by Mr Paul Connell 01/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20253.97-£3k
20245.46+£15k
20232.58-£40k
20222.29-£23k
202113.15+£24k
20207.82+£51k£260k
20195.55£437k

Derived from filed accounts. Not audited figures.