Back to search

Okkulo Limited

11207260

active
ltd
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

Time Central, 32 Gallowgate, Newcastle Upon Tyne, NE1 4BF
Incorporated 15/02/2018

Previously known as

Timec 1633 Limited · until 16/03/2018

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

29/01/2027

On track

Confirmation statement

Last: 14/02/2026

Due 28/02/2027

On track

Industry

93199
Other amusement and recreation activities

Officers

Mr Mel David O'Connor

director · Since 16/03/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Mr Peter Atkinson

director · Since 31/07/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Mr David Owen Mcfarlane

director · Since 31/07/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 3 other boards

Mel David O'Connor

director · Since 16/03/2018

British · United Kingdom · Age 51

David Owen Mcfarlane

director · Since 31/07/2019

British · United Kingdom · Age 67

Peter Atkinson

director · Since 31/07/2019

British · United Kingdom · Age 58

Former

Muckle Secretary Limited

corporate secretary · Resigned 16/03/2018

Andrew John Davison

director · Resigned 16/03/2018

Phillip Matthew Jermyn

director · Resigned 01/09/2021

Mark Westerhof

director · Resigned 01/09/2021

Persons with Significant Control

Mr David Owen Mcfarlane

50–75% shares

British · United Kingdom · Age 67

Time Central, 32 Gallowgate, Newcastle Upon Tyne, NE1 4BF

Notified 01/09/2021

Former PSCs

Muckle Director Limited

Ceased 16/03/2018

Mr Mel David O'Connor

Ceased 11/12/2023

Charges3 outstanding

Charge
outstanding

DAVID OWEN MCFARLANE

Created 29/09/2022Registered 05/10/2022
Charge
outstanding

DAVID OWEN MCFARLANE

Created 29/09/2022Registered 04/10/2022
Charge
outstanding

DAVID OWEN MCFARLANE

Created 29/01/2020Registered 03/02/2020

Change History

officer appointedATKINSON, Peter
2026-08-24
officer appointedMCFARLANE, David Owen
2026-08-24
officer appointedO'CONNOR, Mel David
2026-08-24
statusactive
2026-08-24

Active

typeltd
2026-08-24

Private Limited Company

address line1Time Central
2026-08-24

TIME CENTRAL

post townNewcastle Upon Tyne
2026-08-24

NEWCASTLE UPON TYNE

CompanyRankvs 13604+ SIC 93199 peers
29

Financial strength1th percentile among SIC peers · 0/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength0/25 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.

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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/04/2025

Net Worth

-£940k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£1.0M

Working capital

Current Assets

£38k

Current Liabilities

£1.1M

Fixed Assets

£96k

Debtors

£30k

3avg. employees+1

Balance Sheet

Intangible assets£0
Assets less current liabilities-£920k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04-£188k
20240.01-£2k
20230.02

Derived from filed accounts. Not audited figures.