Okkulo Limited
11207260
Some Concerns
- Negative net worth (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/07/2019
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 67
Also on 3 other boards
Persons with Significant Control
Mr David Owen Mcfarlane
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
DAVID OWEN MCFARLANE
DAVID OWEN MCFARLANE
DAVID OWEN MCFARLANE
CompanyRankvs 13549+ SIC 93199 peers28
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.04 | -£188k |
| 2024 | 0.01 | -£2k |
| 2023 | 0.02 | -£224k |
| 2022 | 0.08 | -£28k |
| 2021 | 1.49 | -£231k |
| 2020 | 0.11 | -£233k |
| 2019 | 1.77 | — |
Derived from filed accounts. Not audited figures.