Back to search

Oatik Solutions Ltd

11487427

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

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 27/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Jude Ikechukwu Ogbulie

director · Since 27/07/2018

IT PROFESSIONAL

BRITISH · UNITED KINGDOM · Age 50

Also on 2 other boards

Persons with Significant Control

Mr Jude Ikechukwu Ogbulie

75–100% shares

British · United Kingdom · Age 50

124, City Road, London, EC1V 2NX

Notified 27/07/2018

Charges1 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 08/07/2022Registered 13/07/2022

CompanyRankvs 24236+ SIC 62090 peers
46

Financial strength8th percentile among SIC peers · 2/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3.48× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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.

Employees11/15 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.

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 31/07/2025

Net Worth

-£19k

Balance sheet strength

Cash

£351

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£2k

Current Liabilities

£556

Fixed Assets

£618

Debtors

£2k

2avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20253.48-£16k
20245.04-£6k
20232.35-£10k
20223.69+£31k
20212.88

Derived from filed accounts. Not audited figures.