UK Companies House feature
ODUM RESEARCH LTD
Cash
£14K
-84.2% vs 2023
Net assets
£19K
-94.8% vs 2023
Employees
3
-25% vs 2023
Profit before tax
-£352K
-568% vs 2023
Profile
- Company number
- 13531816
- Status
- Active
- Incorporation
- 2021-07-27
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 66120
- Hubs
- UK Fintech
Net assets
4-year trend · vs UK Fintech median
Accounts
4-year trend · latest 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | £75,127 | -£351,559 | |
| Net profit | — | — | £127,268 | -£351,559 | |
| Cash | £202,386 | — | £89,069 | £14,096 | |
| Total assets less current liabilities | £59,566 | — | £370,687 | £82,984 | |
| Net assets | £59,566 | — | £370,687 | £19,128 | |
| Equity | £59,566 | — | £370,687 | £19,128 | |
| Average employees | 4 | — | 4 | 3 | |
| Wages | — | — | £236,644 | £72,961 |
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
- Xeinadin Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant”
Significant events
- “The year ended 31 December 2024 was challenging for Odum Research Ltd... a decision was taken to temporarily suspend the management of the assets held by its parent entity, Odum Group Ltd, and to terminate its managed account mandates. This provided an opportunity to review and enhance the Company's technology stack with a view to managing assets again during the first half of 2025.”
- “The year ended more positively with several important milestones achieved in technology enhancement and testing.”
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
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| IGBOAKA, Ikenna Gregory Ugochukwu | Director | 2021-07-27 | Sep 1990 | British |
| LIM, Shaum Xianliang | Director | 2025-01-14 | Dec 1985 | Singaporean |
| OSBORNE, Robert Michael Henry | Director | 2023-11-06 | Aug 1980 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SIEBURGH SJOERDSMA, Taco Andries | Secretary | 2021-08-09 | 2023-11-15 |
| CONCANON, Jack | Director | 2023-09-25 | 2025-01-13 |
| SIEBURGH SJOERDSMA, Taco Andries | Director | 2022-04-22 | 2023-11-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Ikenna Gregory Ugochukwu Igboaka | Individual | Shares 25–50% | 2021-07-27 | Active |
Filing timeline
Last 20 of 25 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-11-26 | AA | accounts | accounts with accounts type full |
| 2025-11-15 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-01-24 | AP01 | officers | appoint person director company with name date |
| 2025-01-24 | TM01 | officers | termination director company with name termination date |
| 2024-10-30 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-04-29 | AA | accounts | accounts with accounts type unaudited abridged |
| 2023-12-06 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-11-15 | TM01 | officers | termination director company with name termination date |
| 2023-11-15 | TM02 | officers | termination secretary company with name termination date |
| 2023-11-06 | AP01 | officers | appoint person director company with name date |
| 2023-09-25 | AP01 | officers | appoint person director company with name date |
| 2023-06-16 | AA | accounts | accounts with accounts type unaudited abridged |
| 2022-12-08 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-12-08 | SH01 | capital | capital allotment shares |
| 2022-09-16 | AA | accounts | accounts with accounts type unaudited abridged |
| 2022-04-22 | AP01 | officers | appoint person director company with name date |
| 2022-01-20 | AD01 | address | change registered office address company with date old address new address |
| 2021-12-30 | SH01 | capital | capital allotment shares |
| 2021-12-08 | AA01 | accounts | change account reference date company current shortened |
| 2021-11-26 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
-16.02
DISTRESS
Altman Z″
- Working capital / Total assets 0.023 × 6.56 = +0.15
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -2.430 × 6.72 = -16.33
- Book equity / Total liabilities 0.152 × 1.05 = +0.16
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
Composite activity score · components 0–100 · reference 2026-05-10
7.9
COLD
/ 100
- Filings velocity 17
- Capital events 0
- Officer churn 0
- Headcount trajectory 25
- Accounts trajectory 0
- 2 filing(s) in last 12 months
- Employees -25% YoY
- Net Assets -95% YoY