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16 Bit Solutions Limited

14392671

active
ltd
england wales
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

31 Maple Leaf Drive, Sidcup, DA15 8WG
Incorporated 03/10/2022

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 02/10/2025

Due 16/10/2026

On track

Industry

64991
Security dealing on own account

Officers

Mr Akeem Adeyinka Okunade

director · Since 03/10/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Akeem Adeyinka Okunade

director · Since 03/10/2022

British · United Kingdom · Age 48

Former

Raissa Aude Uwineza

director · Resigned 25/02/2025

Persons with Significant Control

Mr Akeem Adeyinka Okunade

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 48

31, Maple Leaf Drive, Sidcup, DA15 8WG

Notified 03/10/2022

Former PSCs

Raissa Aude Uwineza

Ceased 25/02/2025

Change History

officer appointedOKUNADE, Akeem Adeyinka
2026-06-14
statusactive
2026-06-14

Active

typeltd
2026-06-14

Private Limited Company

address line131 Maple Leaf Drive
2026-06-14

31 MAPLE LEAF DRIVE

post townSidcup
2026-06-14

SIDCUP

CompanyRankvs 3550+ SIC 64991 peers
25

Financial strength16th percentile among SIC peers · 4/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 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.

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.

Longevity4/15 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 31/10/2024

Net Worth

-£604

Balance sheet strength

Cash

£100

Cash in the bank

Net Current Assets

-£604

Working capital

Current Assets

£265

Current Liabilities

£869

Debtors

£165

Director Loans

Company owes directors£569

Balance Sheet

Assets less current liabilities-£604
Signed by Mr Akeem Okunade 5 March 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.30
20230.52

Derived from filed accounts. Not audited figures.