The Firmwatch take
Open Energy Market Limited is a 13-year-old information technology, active on the Companies House register. The latest filed accounts (year to 31 January 2025) show -GBP 1.3m in net assets, with 1 distress signal extracted from the filing (negative net assets). No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Incorporated
23 October 2012
13 years on the register
Sector
Data processing, hosting and related activities
SIC 63110
Size
Not classified
Net assets
−£1.3m
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
High insolvency risk
The latest public accounts show multiple stress signals. Treat this as a prompt for deeper checks, not as a formal insolvency prediction.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Current ratio below 1.0
Current assets are below current liabilities.
Money
What the balance sheet says
Net assets
−£1.3m
Bottom 10% in sector · sector median £2k · 149,047 IT firms
Cash
Not disclosed
Working cap.
−£1.4m
Median £6k
Current ratio
0.9×
Median 1.6×
Signals · 3
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Sector benchmark · Information Technology
How this company compares in 149,047 IT firms
Bottom 10% in sector — Open Energy Market Limited shows −£1.3m in net assets. Sector median is £2k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
People
Who runs this company
- WM
WARD, Michael John
director · since 2019
Registered office
Address intelligence
5 other companies registered here.
Likely a privately owned office or residential address.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.