Open Intelligent Technology Limited
12166309
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/08/2019
DIRECTOR
BRITISH · ENGLAND · Age 44
Also on 3 other boards
director · Since 20/08/2019
DIRECTOR
INDIAN · UNITED KINGDOM · Age 51
Also on 5 other boards
Persons with Significant Control
Mr Biju Suresh Babu
Indian · United Kingdom · Age 51
21, Cairn Avenue, London, W5 5HX
Notified 20/08/2019
Mr Bhupinder Singh Saini
British · England · Age 44
16, Cinnamon Close, Reading, RG6 5GP
Notified 20/08/2019
CompanyRankvs 2455+ SIC 58290 peers56
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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 31/08/2024
Net Worth
£45k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£45k
Working capital
Current Assets
£18
Current Liabilities
£45k
Tax at Year End(2021)
Director Loans(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | +£86k |
| 2023 | 0.01 | -£17k |
| 2022 | 1.39 | -£34k |
| 2021 | 2.27 | +£7k |
| 2020 | 1.81 | — |
Derived from filed accounts. Not audited figures.