Back to search

Ovate Techno Ltd

15591238

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

87 FRIARGATE, PRESTON, PR1 2ED
Incorporated 24/03/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

95110
Repair of computers and peripheral equipment

Officers

Mohammad Waqar Ahmed

director · Since 24/03/2024

DIRECTOR

PAKISTANI · UNITED KINGDOM · Age 50

Also on 1 other board

Persons with Significant Control

Mohammad Waqar Ahmed

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

Pakistani · United Kingdom · Age 50

87, Friargate, Preston, PR1 2ED

Notified 24/03/2024

CompanyRankvs 2534+ SIC 95110 peers
41

Financial strength79th percentile among SIC peers · 20/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength20/25 pts

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

Employees2/15 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.

Longevity2/15 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 31/03/2025

Net Worth

£20k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£2k

Current Liabilities

£22k

0avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20250.08

Derived from filed accounts. Not audited figures.