Victor Okolo Ltd
11623428
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 14/10/2025
Due 28/10/2026
Industry
Officers
Persons with Significant Control
Mr Victor Dumaka Okolo
Dutch · United Kingdom · Age 60
18, Privet Way, Bury St. Edmunds, IP28 8GQ
Notified 15/10/2018
CompanyRankvs 7051+ SIC 87200 peers38
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2023
Turnover
£58k
Annual revenue
Net Worth
-£3k
Balance sheet strength
Cash
£3k
Cash in the bank
Profit Before Tax
£29k
Bottom line earnings
Net Current Assets
-£3k
Working capital
Current Assets
£15k
Current Liabilities
£19k
Fixed Assets
£360
Debtors
£13k
Cost of Sales
£1k
Gross Profit
£56k
Admin Expenses
£27k
Operating Profit
£30k
Profit After Tax
£24k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 0.83 |
| 2022 | 1.00 |
| 2021 | 0.95 |
| 2020 | 0.94 |
| 2019 | 1.24 |
Derived from filed accounts. Not audited figures.