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Onvi Tech Ltd

10532973

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
70 / 100

Some Concerns

30/30
Filing
20/30
Financial
20/40
Risk
  • Active insolvency proceedings (-20)

Details

10532973 - COMPANIES HOUSE DEFAULT ADDRESS, CARDIFF, CF14 8LH
Incorporated 20/12/2016

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/12/2025

Due 26/12/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Prakashan Sutton

secretary · Since 20/12/2016

Mr Jonathan Roy Allen Clarke

director · Since 20/12/2016

CHIEF OPERATIONS OFFICER

BRITISH · ENGLAND · Age 44

Also on 1 other board

Mr Prakashan Damien John Yeganthran Sutton

director · Since 20/12/2016

CHIEF EXECUTIVE OFFICER

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Mr Philip David Green

director · Since 01/02/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 2 other boards

Persons with Significant Control

Mr Prakashan Damien John Yeganthran Sutton

25–50% shares
25–50% votes

British · United Kingdom · Age 50

10532973 - Companies House Default Address, Cardiff, CF14 8LH

Notified 20/12/2016

Former PSCs

Mr Richard John Stote

Ceased 17/08/2018

Insolvency History1 case

creditors voluntary liquidation23/04/2026

Christopher Nigel Mckay (practitioner) · Richard Bloomfield (practitioner)

CompanyRankvs 18353+ SIC 62012 peers
49

Financial strength68th percentile among SIC peers · 17/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.23× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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18353Onvi Tech Ltd
59
How is this score calculated?
Financial strength17/25 pts

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

Employees6/15 pts

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

Liquidity12/20 pts

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

Longevity9/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£12k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£58k

Current Liabilities

£47k

Fixed Assets

£679

1avg. employees-25

Balance Sheet

Assets less current liabilities£12k
Signed by Mr Prakashan Sutton 11/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.23-£27k
20236.21-£317k
20222.24-£603k
20223.60+£254k
20211.93-£2.2M
202011.73-£1.1M
201918.68-£2.5M
201870.72—

Derived from filed accounts. Not audited figures.