# ORATEK LTD (12461381)

> ORATEK LTD is an active private limited company (company number 12461381) incorporated on 13 February 2020, registered in Reading. Its registered activity is business and domestic software development (SIC 62012). Latest micro accounts cover the period ending 28 February 2025, showing net assets of £9,316, with 2 employees on average. Turnover was £160k and profit for the year £85k. Net assets rose 380% on the prior period (−£3,327).

- Status: Active
- Incorporated: 2020-02-13
- Registered office: Reading, RG7 6ST
- SIC 62012: Business and domestic software development
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-02-27
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 1,268 comparable companies in Reading (median £3,333, upper quartile £48k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | £9,316 | — | — | — | £160k | £85k | 2 |
| 2024-02-29 | −£3,327 | — | — | — | £144k | £94k | — |

net margin 53.4%; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £9,316 at 28 February 2025
- Net assets up 10% or more on the prior period: +380.0% vs prior period
- Incorporated five or more years ago: Incorporated 13 February 2020

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Mark Brian Bailey — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2020-02-13

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12461381
HTML: https://firmoscan.com/company/12461381-oratek-ltd