Owiati Limited
16221002
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/01/2025
DIRECTOR
BRITISH · ENGLAND · Age 66
Also on 1 other board
Persons with Significant Control
Mrs Ibitayo Iyabo Taiwo
British · England · Age 66
42, Easterton Croft, Birmingham, B14 5PB
Notified 18/02/2025
Former PSCs
Ibitayo Iyabo Taiwo
Ceased 18/02/2025
Charges1 outstanding
THE MORTGAGE WORKS (UK) PLC
CompanyRankvs 125393+ SIC 68100 peers25
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2026
Net Worth
£742
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£742
Working capital
Current Assets
£180
Current Liabilities
£922
Fixed Assets
£94k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2026 | 0.20 |
Derived from filed accounts. Not audited figures.