Back to search

Olethia Labs Ltd

10742218

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

C/O DWF COMPANY SECRETARIAL SERVICES LIMITED 1 SCOTT PLACE, MANCHESTER, M3 3AA
Incorporated 26/04/2017

Compliance

Last accounts

31/12/2024

dormant

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 25/01/2026

Due 08/02/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr Alexander Alexandrov

director · Since 01/01/2023

CEO

UKRAINIAN · UNITED STATES · Age 47

Also on 3 other boards

Jennifer Lorraine Naegele

director · Since 01/09/2025

CFO

AMERICAN · UNITED STATES · Age 42

Also on 3 other boards

Persons with Significant Control

Priava Group Pty Limited

75–100% shares

C/O Pitcher Partners Brisbane, Level 38, Brisbane, 4000

Reg: 630709394 · Australian Securities And Investments Commission · Limited Company

Notified 31/01/2019

Former PSCs

Mr Riccardo Furnari

Ceased 31/01/2019

CompanyRankvs 33603+ SIC 62012 peers
45

Financial strength4th percentile among SIC peers · 1/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees14/15 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.

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 30/06/2021

Net Worth

-£98k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£101k

Working capital

Current Assets

£694k

Current Liabilities

£795k

Fixed Assets

£3k

Debtors

£694k

5avg. employees

Balance Sheet

Assets less current liabilities-£98k
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent RatioImplied Profit
20210.87-£6k
20200.81-£34k
20190.69-£84k
20181.20

Derived from filed accounts. Not audited figures.