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Oretek Limited

10343844

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

CROSSROADS FARM, MILTON KEYNES, MK19 7DS
Incorporated 24/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Michael Anthony Norman

secretary · Since 24/08/2016

Mr Michael Norman

director · Since 27/08/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Michael Norman

25–50% shares

British · England · Age 42

Crossroads Farm, Haversham, Milton Keynes, MK19 7DS

Notified 24/08/2016

Former PSCs

Mr Kerry Avery

Ceased 27/08/2020

Mr Peter John Dunn

Ceased 27/08/2020

CompanyRankvs 5114+ SIC 71129 peers
69

Financial strength80th percentile among SIC peers · 20/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 15.65× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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5114Oretek Limited
68
How is this score calculated?
Financial strength20/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 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.

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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

£59k

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

£59k

Working capital

Current Assets

£63k

Current Liabilities

£4k

Debtors

£37k

1avg. employees

Tax at Year End

VAT£4k

Director Loans(2020)

Company owes directors£8k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202415.65+£1k£74k
20237.21+£6k£30k
20226.73+£18k£76k
2021—+£24k£43k
20201.29-£30k£12k
20192.14+£23k£171k
20182.04—£55k

Derived from filed accounts. Not audited figures.