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Optect Ltd

11028904

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

UNIT 1A, ARTISANS YARD, BATH, BATH, BA2 1AF
Incorporated 24/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61200
Wireless telecommunications activities

Officers

Mr Alexander Palliser James Hudson

director · Since 08/11/2017

BUSINESS DEVELOPMENT

BRITISH · ENGLAND · Age 37

Mr Mark Michael Ellis

director · Since 03/06/2024

CONSULTANT

BRITISH · UNITED KINGDOM · Age 64

Also on 1 other board

Mr Richard A Pollack

director · Since 01/11/2025

AMERICAN · UNITED STATES · Age 63

Persons with Significant Control

Mr Alexander Palliser James Hudson

25–50% shares

British · England · Age 37

The Core, Bath Lane, Newcastle Upon Tyne, NE4 5TF

Notified 06/03/2018

Dr Matthias Jaeger

25–50% shares

German · Germany · Age 42

Unit 1a, Artisans Yard, Bath, Unit 1a Artisans Yard, Bath, BA2 1AF

Notified 30/10/2020

Former PSCs

Mr Barry Michael Clive

Ceased 30/10/2020

Mr Ralph Palliser Milbanke Hudson

Ceased 30/10/2020

CompanyRankvs 235+ SIC 61200 peers
80

Financial strength91th percentile among SIC peers · 23/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 5.3× · 20/20
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 strength23/25 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.

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 31/10/2024

Net Worth

£358k

Balance sheet strength

Cash

£101k

Cash in the bank

Net Current Assets

£277k

Working capital

Current Assets

£341k

Current Liabilities

£64k

Fixed Assets

£81k

Debtors

£57k

4avg. employees-3
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20245.30-£190k
20235.53+£424k
20221.89+£20k
20213.94-£7k
20209.11-£7k
201916.06+£55k
20185.41

Derived from filed accounts. Not audited figures.