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Olomu Progress Union Ltd

11901699

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

2 GUILLEMOT COURT 2 GUILLEMOT COURT, LONDON, SE8 5UU
Incorporated 23/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

94990
Activities of other membership organisations

Officers

Chief Charles Ivotu Okobia

director · Since 23/03/2019

IT CONSULTANT

BRITISH · UNITED KINGDOM · Age 71

Also on 4 other boards

Persons with Significant Control

Chief Charles Ivotu Okobia

25–50% votes
Appoint directors

British · United Kingdom · Age 71

2 Guillemot Court, 2 Guillemot Court, London, SE8 5UU

Notified 23/03/2019

CompanyRankvs 7805+ SIC 94990 peers
25

Financial strength12th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityNo balance sheet data · 0/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 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.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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.

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

£0

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

Prepared with Companies House