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Owal Limited

10491310

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

SUITE 2A, 7TH FLOOR, CITY REACH, LONDON, E14 9NN
Incorporated 22/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mrs Shazia Majid

secretary · Since 22/11/2016

Mr Mohammed Azhar Majid Dr

director · Since 22/11/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mr Owais Amaan Majid

director · Since 23/09/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 22

Also on 1 other board

Persons with Significant Control

Mr Mohammed Azhar Majid

25–50% shares

British · England · Age 56

Cherry Copse, Cadbury Camp Lane, Bristol, BS20 7SD

Notified 22/11/2016

Ms Shazia Majid

25–50% shares

British · England · Age 52

Suite 2a, 7th Floor,, City Reach, London, E14 9NN

Notified 19/07/2023

Mr Owais Amaan Majid

25–50% shares

British · England · Age 22

Suite 2a, 7th Floor,, City Reach, London, E14 9NN

Notified 19/07/2023

CompanyRankvs 2669+ SIC 74909 peers
83

Financial strength99th percentile among SIC peers · 25/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 18.42× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees13/15 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 30/11/2024

Net Worth

£2.6M

Balance sheet strength

Cash

£284k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.4M

Current Liabilities

£75k

Fixed Assets

£1.3M

Debtors

£1.1M

3avg. employees

Tax at Year End(2023)

Corp tax£93k

Director Loans

Directors owe company£596

Balance Sheet

Assets less current liabilities£2.6M
Signed by Mr Mohammed Majid 28 August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202418.42+£45k
202318.82+£356k
202213.63+£482k
20219.64—

Derived from filed accounts. Not audited figures.