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Openwage Limited

12957705

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

LECONFIELD HOUSE, LONDON, W1J 5JA
Incorporated 16/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Nathan Roy Doughty

director · Since 16/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 51

Ms Nicole Ann Martin

director · Since 16/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 31 other boards

Persons with Significant Control

R20 Advisory Limited

50–75% shares
50–75% votes
Appoint directors

Leconfield House, Curzon Street, London, W1J 5JA

Reg: 07542121 · Uk Register Of Companies · Private Company Limited By Shares

Notified 16/10/2020

Asite Solutions Limited

25–50% shares
25–50% votes

1, Mark Square, London, EC2A 4EG

Reg: 04040122 · Uk Register Of Companies · Private Company Limited By Shares

Notified 16/10/2020

CompanyRankvs 383470+ SIC 62012 peers
37

Financial strength1th percentile among SIC peers · 0/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.07× · 2/20
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 strength0/25 pts

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

Employees14/15 pts

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

Liquidity2/20 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 30/06/2024

Net Worth

-£1.8M

Balance sheet strength

Cash

£58k

Cash in the bank

Net Current Assets

-£2.2M

Working capital

Current Assets

£150k

Current Liabilities

£2.3M

Fixed Assets

£338k

Debtors

£92k

6avg. employees

Balance Sheet

Intangible assets£338k
Assets less current liabilities-£1.8M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20240.07-£241k
20230.07-£538k
20220.04-£487k
20210.04

Derived from filed accounts. Not audited figures.