UK Companies House feature
OPTIVA SECURITIES LIMITED
Cash
£102K
-3.7% vs 2020
Net assets
£9M
+45% vs 2020
Employees
18
+12.5% vs 2020
Profit before tax
£4M
+68.9% vs 2020
Profile
- Company number
- 03068464
- Status
- Active
- Incorporation
- 1995-06-09
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
3-year trend · vs UK Fintech median
Accounts
3-year trend · latest 2021-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Turnover | — | £6,448,896 | £10,233,060 | |
| Operating profit | — | £2,341,722 | £3,968,554 | |
| Profit before tax | — | £2,365,637 | £3,996,046 | |
| Net profit | — | £1,885,288 | £2,812,223 | |
| Cash | — | £105,736 | £101,836 | |
| Total assets less current liabilities | — | £6,974,430 | £10,549,274 | |
| Net assets | — | £6,251,220 | £9,063,443 | |
| Equity | £4,365,932 | £6,251,220 | £9,063,443 | |
| Average employees | — | 16 | 18 | |
| Wages | — | — | £3,364,909 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis. During 2024, the Company incurred an operating loss of £1,325,935 and had net assets of £3,663,457. Based on the strength of the balance sheet and the review of the budgets and cash flow forecasts which expect a return to profitability in the ensuing accounting period, and therefore the directors are confident that the company will be able to meet its financial obligations as they fall due for the foreseeable future, and for a period of at least 12 months from the date of the financial statements. There are no material uncertainties related to events or conditions, that may cast significant doubt about the company's ability to continue as a going concern.”
Significant events
- “In September 2023, Optiva voluntarily entered into restrictions imposed under a Voluntary Requirement (VREQ) following a S165 imposed by the FCA. This necessitated a focus on compliance enhancements, leading to significant investments in policy improvements over the past fifteen months, including the engagement of specialist consultants. To bolster governance, a non-executive chair was appointed in August 2023. Despite incurring significant losses in 2023, the company's reserves in the form of liquid investments enable it to absorb these losses without resorting to debt or external financing. The investments have really paid off for Optiva. In January 2025, FCA has lifted the restrictions on Optiva and already at the time of approval, we are seeing a turn to profitable position.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ST JOHN DENNIS, Christian Gabriel | Secretary | 2008-02-22 | — | British |
| GARNETT, Michael Owen | Director | 2025-02-28 | Feb 1961 | British |
| JESSA, Murtaza Fidahussein | Director | 2023-08-29 | Mar 1959 | British |
| ST JOHN DENNIS, Christian Gabriel | Director | 2008-02-22 | Jun 1964 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SMITH, Alison Shirley Pauline | Secretary | 2002-12-31 | 2008-09-01 |
| MUSTERASSET LIMITED | Corporate Secretary | 1995-06-09 | 2002-12-31 |
| JACKSON, James Terence Patrick | Director | 2022-10-03 | 2023-12-01 |
| KING, Jeremy Edward Stuart | Director | 2008-02-22 | 2022-04-20 |
| PORTMANN, Kurt | Director | 1995-10-23 | 2018-08-21 |
| SINCLAIR POULTON, Clive | Director | 1995-10-23 | 1996-06-03 |
| WARSHAW, Nicholas Anthony Beresford | Director | 1995-06-14 | 1995-10-23 |
| TRUMPWISE LIMITED | Corporate Nominee Director | 1995-06-09 | 1995-10-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Kurt Portmann | Individual | Shares 25–50% | 2016-04-06 | Ceased 2026-01-30 |
| Mr Christian Gabriel St John Dennis | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 124 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-28 | SH06 | capital | capital cancellation shares |
| 2026-04-28 | SH03 | capital | capital return purchase own shares |
| 2026-03-17 | AA01 | accounts | change account reference date company previous extended |
| 2026-02-06 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2026-01-30 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2025-09-29 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-06-11 | AA | accounts | accounts with accounts type full |
| 2025-03-13 | CH01 | officers | change person director company with change date |
| 2025-03-12 | AP01 | officers | appoint person director company with name date |
| 2025-01-30 | AD01 | address | change registered office address company with date old address new address |
| 2024-10-10 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-05-05 | AA | accounts | accounts with accounts type full |
| 2023-12-13 | TM01 | officers | termination director company with name termination date |
| 2023-11-29 | AD01 | address | change registered office address company with date old address new address |
| 2023-10-31 | AD01 | address | change registered office address company with date old address new address |
| 2023-09-07 | CH01 | officers | change person director company with change date |
| 2023-09-07 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-09-07 | AP01 | officers | appoint person director company with name date |
| 2023-08-03 | AA | accounts | accounts with accounts type full |
| 2023-07-28 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ (private-firm) · reference 2021-12-31
12.14
SAFE
Altman Z″
- Working capital / Total assets 0.782 × 6.56 = +5.13
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.357 × 6.72 = +2.40
- Book equity / Total liabilities 4.395 × 1.05 = +4.62
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory