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Binary Generics Ltd

14939933

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 16/06/2023

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 12/06/2025

Due 26/06/2026

On track

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
62030
Computer facilities management activities
63110
Data processing, hosting and related activities

Officers

Mr Ifiok Okonna

secretary · Since 16/06/2023

Also on 2 other boards

Mr Ifiok Okonna

director · Since 16/06/2023

SOFTWARE DEVELOPER

NIGERIAN · NIGERIA · Age 36

Also on 2 other boards

Persons with Significant Control

Mr Ifiok Okonna

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

Nigerian · Nigeria · Age 36

128, City Road, London, EC1V 2NX

Notified 16/06/2023

CompanyRankvs 16313+ SIC 62012 peers
63

Financial strength100th percentile among SIC peers · 25/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 26048.45× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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16313Binary Generics Ltd
62
How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 pts

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

Longevity3/15 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 30/06/2025

Net Worth

£100.0M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£100.0M

Working capital

Current Assets

£100.0M

Current Liabilities

£4k

Debtors

£100.0M

Director Loans

Company owes directors£3k

Balance Sheet

Assets less current liabilities£100.0M
Signed by Ifiok Okonna 31 March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202526048.45+£0
202526048.45-£3k
202486430.42—

Derived from filed accounts. Not audited figures.