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Oratek Ltd

12461381

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

WEST VIEW BRIFF LANE, READING, RG7 6ST
Incorporated 13/02/2020

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 10/02/2026

Due 24/02/2027

On track

Industry

62012
Business and domestic software development

Officers

Mrs Carole Bailey

secretary · Since 13/02/2020

Mr Mark Brian Bailey

director · Since 13/02/2020

COMPANY DIRECTOR

ENGLISH · UNITED KINGDOM · Age 55

Persons with Significant Control

Mr Mark Brian Bailey

75–100% shares
75–100% votes
Appoint directors

English · United Kingdom · Age 55

West View, Briff Lane, Reading, RG7 6ST

Notified 13/02/2020

CompanyRankvs 16909+ SIC 62012 peers
61

Financial strength66th percentile among SIC peers · 17/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.23× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 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.

Liquidity12/20 pts

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

Longevity6/15 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 28/02/2025

Turnover

£160k

Annual revenue

Net Worth

£9k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£39k

Working capital

Current Assets

£39k

Current Liabilities

£31k

Fixed Assets

£2k

Profit After Tax

£85k

2avg. employees+1

Balance Sheet

Depreciation£1k
Assets less current liabilities£41k
Signed by 1.3.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20251.23-£22k
2024-£20k
2023Infinity+£30k
20221.57-£9k
20212.01

Derived from filed accounts. Not audited figures.