Ovate Limited
09861079
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 06/11/2015
BRITISH · ENGLAND · Age 45
Also on 11 other boards
director · Since 31/03/2016
DIRECTOR
BRITISH · ENGLAND · Age 45
Also on 11 other boards
Persons with Significant Control
Mr Daryl Searle
British · England · Age 49
80-83, Long Lane, London, EC1A 9ET
Notified 06/04/2016
Mrs Catherine Mary Searle
British · England · Age 45
80-83, Long Lane, London, EC1A 9ET
Notified 06/04/2016
CompanyRankvs 9572+ SIC 70229 peers80
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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 30/11/2024
Net Worth
£133k
Balance sheet strength
Cash
£138k
Cash in the bank
Net Current Assets
£138k
Working capital
Current Assets
£237k
Current Liabilities
£99k
Fixed Assets
£2k
Debtors
£99k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.39 | +£125k |
| 2023 | 1.32 | — |
| 2022 | 1.79 | — |
| 2021 | 2.44 | — |
Derived from filed accounts. Not audited figures.