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Ortom8 Limited

12742521

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

57 MAIN ROAD, NEWARK, NG23 5DJ
Incorporated 14/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing
62012
Business and domestic software development

Officers

Mr Derek Campbell Bell

director · Since 14/07/2020

GROUP COO

BRITISH · ENGLAND · Age 63

Also on 4 other boards

Mr Michael David Braithwaite

director · Since 14/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Richard Adam Lovick

director · Since 14/07/2020

IT CONSULTANT

BRITISH · ENGLAND · Age 66

Persons with Significant Control

Mdb International Holdings Limited

25–50% shares
25–50% votes

57, Main Road, Newark, NG23 5DJ

Reg: 12562713 · Uk Register Of Companies · Private Company Limited By Shares

Notified 14/07/2020

Mitra Ventures Limited

25–50% shares
25–50% votes

W2-06 Columbia House, Adastral Park, Ipswich, IP5 3RE

Reg: 12669451 · Uk Register Of Companies · Private Company Limited By Shares

Notified 14/07/2020

CompanyRankvs 79810+ SIC 58290 peers
21

Financial strength4th percentile among SIC peers · 1/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 31/12/2024

Net Worth

-£162k

Balance sheet strength

Cash

£377k

Cash in the bank

Net Current Assets

-£186k

Working capital

Current Assets

£409k

Current Liabilities

£595k

Debtors

£32k

0avg. employees

Balance Sheet

Assets less current liabilities-£186k
Signed by Mr M Braithwaite,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.69+£123k
20230.24-£21k
20210.54—

Derived from filed accounts. Not audited figures.