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Optess Limited

10320894

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

6 STRATTON STREET, LONDON, W1J 8LD
Incorporated 09/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66290
Other activities auxiliary to insurance and pension funding

Officers

Mr Charles Patrick Harwood Mills

director · Since 05/09/2017

INVESTMENT ANALYST

BRITISH · UNITED KINGDOM · Age 37

Also on 28 other boards

Persons with Significant Control

Harwood Capital Management Limited

75–100% shares

6, Stratton Street, London, W1J 8LD

Reg: 07667924 · England And Wales · Private Limited Company

Notified 31/05/2018

Former PSCs

Alyd Limited

Ceased 31/05/2018

CompanyRankvs 17590+ SIC 66290 peers
32

Financial strength1th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1759Optess Limited
42
How is this score calculated?
Financial strength0/25 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.

Liquidity2/20 pts

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

Longevity10/15 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

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

or ∙ the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the Company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Page 3 OPTESS LIMITED (FORMERLY KNOWN AS OPT CORPORATION LIMITED) IN

Key FinancialsYear ending 31/03/2020

Turnover

£377k

Annual revenue

Net Worth

-£336k

Balance sheet strength

Cash

£148k

Cash in the bank

Net Current Assets

-£449k

Working capital

Current Assets

£189k

Current Liabilities

£638k

Fixed Assets

£112k

Debtors

£41k

Cost of Sales

£59k

Gross Profit

£318k

Admin Expenses

£655k

Operating Profit

-£337k

Profit After Tax

-£337k

20avg. employees

People Costs

Wages & salaries£342k
NI contributions£41k

Balance Sheet

Intangible assets£110k
Prepared with Caseware UK (AP4) 2019.0.227

EstimatesDerived

YearCurrent Ratio
20200.30

Derived from filed accounts. Not audited figures.