Company Overview
Ortek Global Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 23 January 2017, so this is a well established company. Ortek Global Limited has been in business for 9 years and 2 months. The accounts status is unaudited abridged and the accounts are next due on Monday 31 October 2022.
Registered Address

2 Broadway Market, Fencepiece Road, Ilford, IG6 2JT
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Companies House Data
Company NameORTEK GLOBAL LIMITED
Company Number10576868
Registered Office Address2 Broadway Market
 Fencepiece Road
 IG6 2JT
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date23/01/2017
Accounting Reference Date Day31
Accounting Reference Date Month7
Accounts Next Due Date31/10/2022
Accounts Last Made Up Date31/01/2021
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date20/02/2018
Previous Company NameChanged Date
ORTEK DESIGN LIMITED11 Jun 2018
Directors & Members
Show Resigned
Arunan Sriskandarajah - Director
(British, 55 years old, born January 1971)
Appointed 10 September 2022
Active
Vaithilingam Thipagar - Director
(British, 45 years old, born August 1981)
Appointed 10 September 2022
Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Arunan Sriskandarajah
BRETENWOODS LTD
BRICKSDALE LEGAL LTD
JUST LITIGATE LTD
TRANSATZ LTD
Vaithilingam Thipagar
AMFAHH LEA BRIDGE LIMITED
VT WHOLESALE UK LTD
Balance Sheet Unlock full report
Accounts Date 31-Jan-2021 31-Jan-2020 31-Jan-2019
Balance Sheet
Fixed Assets 0 0 0
Current Assets 347,057 167,033 407,994
Creditors Due Within One Year 190,456 85,988 392,400
Working Cap 156,601 81,045 15,594
Total Assets Less Current Liabilities 156,601 81,045 15,594
Long-term Liabilities 86,438 0 0
Net Assets 70,163 81,045 15,594
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 70,163 81,045 15,594
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jan-2021 31-Jan-2020 31-Jan-2019
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors 9.0% 95.2% 4.4%
Cash Bank In Hand 3.8% 4.8% 95.6%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 54.9% 51.5% 96.2%
Net Current Assets Liabilities 45.1% 48.5% 3.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 20.2% 48.5% 3.8%
Capital Employed - - -
Total Assets Less Current Liabilities 45.1% 48.5% 3.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jan-2021 31-Jan-2020 31-Jan-2019
Liquidity Ratio 1.8 1.9 1.0
Solvency Ratio 1.3 1.9 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Jan-2021 31-Jan-2020 31-Jan-2019
Assets 347,057 167,033 407,994
Debt 276,894 85,988 392,400
Net Assets/Debt 70,163 81,045 15,594
The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Previous accounting period extended from 31 January 2023 to 31 July 2023
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Confirmation statement made on 12 September 2022 with updates
Appointment of Mr Arunan Sriskandarajah as a director on 10 September 2022
Cessation of Ahyaan Ahmed Shiyam as a person with significant control on 10 September 2022
Notification of Vaithilingam Thipagar as a person with significant control on 10 September 2022
Registered office address changed from 105 Redbridge Lane East Ilford IG4 5BY United Kingdom to 2 Broadway Market Fencepiece Road Ilford IG6 2JT on 12 September 2022
Notification of Arunan Sriskandarajah as a person with significant control on 10 September 2022
Appointment of Mr Vaithilingam Thipagar as a director on 10 September 2022
Termination of appointment of Ahyaan Ahmed Shiyam as a director on 10 September 2022
Confirmation statement made on 8 September 2022 with updates
Appointment of Mr Ahyaan Ahmed Shiyam as a director on 8 September 2022
Termination of appointment of Dhanesh Lawrence Fredrick as a director on 8 September 2022
Confirmation statement made on 21 April 2022 with updates
Statement of capital following an allotment of shares on 1 April 2022
Appointment of Mr Dhanesh Lawrence Fredrick as a director on 1 April 2022
Termination of appointment of Ahyaan Ahmed Shiyam as a director on 1 April 2022
Confirmation statement made on 3 June 2021 with no updates
Confirmation statement made on 4 June 2020 with updates
Confirmation statement made on 6 March 2020 with no updates
Confirmation statement made on 7 March 2019 with updates

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