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Oak Applications Limited

11412054

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SUITE E GROUND FLOOR, BRENTFORD, TW8 9ES
Incorporated 13/06/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
62090
Other information technology service activities
73120
Media representation

Officers

Mr Fatih Haltas

director · Since 13/06/2018

COMPUTER ENGINEER

BRITISH,TURKISH · UNITED ARAB EMIRATES · Age 39

Mr Onur Demirbas

director · Since 19/08/2024

DIRECTOR

TURKISH · UNITED KINGDOM · Age 39

Also on 16 other boards

Persons with Significant Control

Oak Smart Technology Limited

75–100% shares

Profile West, Suite 2, Floor 1, Brentford, TW8 9ES

Reg: 10862887 · England & Wales · Private Limited Company

Notified 13/06/2018

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 21/01/2021Registered 25/01/2021

CompanyRankvs 53915+ SIC 62012 peers
17

Financial strength8th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees0/15 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.

Longevity8/15 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 31/03/2025

Net Worth

-£29k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£23k

Current Liabilities

£51k

Balance Sheet

Assets less current liabilities-£29k
Signed by Fatih Haltas 23/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.44-£7k
20240.72-£10k
20230.91-£22k
20221.01+£5k
20211.00-£27k
20201.04+£29k
20191.15

Derived from filed accounts. Not audited figures.