Loading the map…

Other information technology service activities · London

Octeract

Octeract Limited

Losses 2 years runningCash down 45%Staff up 50%ActiveLatest figures: 2024Abridged accountsCompany only8 years on the register

Private limited company registered in London, classed under “Other information technology service activities”.

Headline figures

FY to Nov 2024 · Company only

Turnover

For subscribers

Profit after tax

−£264k

Net assets

For subscribers

Cash

For subscribers

Employees

For subscribers

Retained reserves

For subscribers

What the numbers say

4 findings from the figures, in plain English

Written by rules from the figures on this page. Not a forecast or a credit opinion.

History

Pro
£2021202220232024
Profit after tax−£264k
Turnover
Net assets
Cash
Employees
Retained reserves

Every figure for all 4 years

“—” means we did not find the figure in a source; it is never filled with an estimate.

Balance sheet and ratios

From the filed balance sheets · £

Balance sheet2021202220232024
Fixed assets
Current assets
of which debtors
of which cash
Creditors due within a year
Net current assets
Creditors due after a year
Net assets
Ratios
Return on equityProfit after tax as a share of net assets
Current ratioCurrent assets for every £1 owed within a year
Cash ratioCash for every £1 owed within a year
Creditors to assetsEverything owed to creditors as a share of fixed plus current assets

8 balance-sheet lines and 4 ratios, every year

A ratio appears only for years where every line it needs was filed. Lines are as tagged in the accounts; nothing is added up or estimated.

Questions people ask

›What does Octeract do?

Private limited company registered in London, classed under “Other information technology service activities”. In its own words: “Bespoke end-to-end NLP and MINLP solutions. Octeract products include the first commercial Neural solver and the best MINLP solver.”

›How much turnover does Octeract make?

Answered in the full report

›Is Octeract profitable?

No: it made a loss after tax of £264k in the year to 30 November 2024, its latest filed accounts.

›How many people work at Octeract?

Answered in the full report

›Where is Octeract based?

Its registered office is 27 Old Gloucester Street, London, WC1N 3AX, in London.

›When was Octeract founded?

Octeract Limited was incorporated on 20 November 2017.

›Is Octeract still trading?

The register lists Octeract Limited as active.

More companies in London →