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Orion Projects Limited

02186623

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

5 CASTLE BUILDINGS GILSTON ROAD, CORNWALL, PL12 6TW
Incorporated 02/11/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26512
Manufacture of electronic industrial process control equipment

Officers

Mr Roger Sydney Burridge

director · Since 02/04/1991

DIRECTOR

BRITISH · ENGLAND · Age 77

Mr Andrew Fotheringham

director · Since 02/04/1991

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 1 other board

Mr Andrew Fotheringham

secretary · Since 07/07/2005

BRITISH · ENGLAND · Age 66

Also on 1 other board

Persons with Significant Control

Mr Andrew Fotheringham

25–50% shares
25–50% votes

British · England · Age 66

5 Castle Buildings Gilston Road, Saltash, PL12 6TW

Notified 06/04/2016

Mr Roger Sydney Burridge

25–50% shares
25–50% votes

British · England · Age 77

5 Castle Buildings Gilston Road, Saltash, PL12 6TW

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/03/1998Registered 27/03/1998

CompanyRankvs 138+ SIC 26512 peers
69

Financial strength73th percentile among SIC peers · 18/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 7.04× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£284k

Balance sheet strength

Cash

£91k

Cash in the bank

Net Current Assets

£282k

Working capital

Current Assets

£329k

Current Liabilities

£47k

Fixed Assets

£2k

Debtors

£104k

4avg. employees-2

Balance Sheet

Assets less current liabilities£285k
Signed by Mr Andrew Fotheringham Mr Roger Burridge 9 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20247.04+£13k
20234.98-£40k
20228.39-£74k
20217.37

Derived from filed accounts. Not audited figures.