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Op6 Innovation Limited

10521912

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

BANNOLD HOUSE, SAFFRON WALDEN, CB11 4AG
Incorporated 12/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72190
Other research and experimental development on natural sciences and engineering
74100
Specialised design activities

Officers

Mr Ian William Mckernan

director · Since 12/12/2016

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 2 other boards

Mrs Tracey Mckernan

secretary · Since 17/10/2022

Persons with Significant Control

Mr Ian William Mckernan

50–75% shares
50–75% votes
Appoint directors

British · England · Age 67

Bannold House, 24 Borough Lane, Saffron Walden, CB11 4AG

Notified 12/12/2016

Mrs Tracey Mckernan

25–50% shares
25–50% votes

Canadian · United Kingdom · Age 60

Bannold House, 24 Borough Lane, Saffron Walden, CB11 4AG

Notified 12/12/2016

CompanyRankvs 5220+ SIC 72190 peers
43

Financial strength9th percentile among SIC peers · 2/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.77× · 6/20
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 strength2/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/12/2025

Net Worth

-£43k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£146k

Current Liabilities

£190k

2avg. employees

Balance Sheet

Assets less current liabilities-£42k
Signed by 10521912 2025-01-01 2025-12-31 10521912 2025-12-31 10521912 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.77+£17k
20240.71+£220
20230.71+£5k
20220.72-£17k
20210.79-£17k
20200.81-£33k
20191.02-£24k
20181.36

Derived from filed accounts. Not audited figures.