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Optimal 10 Limited

10731736

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)
  • Negative net worth (-10)

Details

57A BROADWAY, LEIGH ON SEA, SS9 1PE
Incorporated 20/04/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing
62012
Business and domestic software development
62020
Information technology consultancy activities
63110
Data processing, hosting and related activities

Officers

Mr Nigel Andrew Fulcher

director · Since 11/02/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 5 other boards

Persons with Significant Control

Mr Nigel Andrew Fulcher

75–100% shares
75–100% votes

British · England · Age 63

57a, Broadway, Leigh On Sea, SS9 1PE

Notified 21/02/2022

Former PSCs

Mr Arivudainambi Jagannathan

Ceased 05/01/2019

Mr Ramsuresh Balakrishnasamy

Ceased 05/01/2019

Mrs Pan Ei Khaing

Ceased 01/09/2020

Mr Taj Hassan Ali Kassam

Ceased 13/01/2021

Mr Christopher James Lyster

Ceased 21/02/2022

CompanyRankvs 4447+ SIC 58290 peers
39

Financial strength5th percentile among SIC peers · 1/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 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.

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.

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

-£87k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£93k

Working capital

Current Assets

£41k

Current Liabilities

£134k

Fixed Assets

£9k

2avg. employees+1

Balance Sheet

Assets less current liabilities-£84k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.31-£132k
20231.44+£57k
20220.83-£15k
20210.78
20200.99

Derived from filed accounts. Not audited figures.