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Orion Engineering Ltd

03298855

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

101 MILLSTONE LANE, CHESHIRE, CW5 5PH
Incorporated 06/01/1997

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/01/2026

Due 20/01/2027

On track

Industry

71121
Engineering design activities for industrial process and production

Officers

Yvonne Anne Gater

secretary · Since 07/01/1997

COMPANY SECRETARY

BRITISH

Mr Paul Nicholas Gater

director · Since 07/01/1997

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 1 other board

Persons with Significant Control

Mr Paul Nicholas Gater

75–100% shares

British · England · Age 69

101 Millstone Lane, Cheshire, CW5 5PH

Notified 06/04/2016

CompanyRankvs 5979+ SIC 71121 peers
38

Financial strength2th percentile among SIC peers · 1/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees5/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£95k

Balance sheet strength

Cash

£40

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£344

Current Liabilities

£2k

Fixed Assets

£12k

Debtors

£304

1avg. employees

Balance Sheet

Bank loans & overdrafts£734
Assets less current liabilities£11k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.20+£4k
20230.93-£1k
20210.64-£7k
20201.67-£14k
20192.66-£21k
20182.23

Derived from filed accounts. Not audited figures.