Origin Storage Limited
04117552
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 30/11/2025
Due 14/12/2026
Industry
Officers
director · Since 01/05/2018
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 44
Also on 1 other board
Persons with Significant Control
Origin Storage Holdings Ltd
Unit 2-4 The Rutherford Centre, Rutherford Road, Basingstoke, RG24 8PB
Reg: 12311691 · Companies House · Limited Company
Notified 28/02/2020
Former PSCs
Mr Andrew Cordial
Ceased 28/02/2020
Charges2 outstanding
MADELEINE CLAIRE PANTER
ANDREW JAMES CORDIAL AND PETA CORDIAL
NATIONAL WESTMINSTER BANK PLC
RBS INVOICE FINANCE LTD
SANTANDER UK PLC
LEAR INVESTMENTS LIMITED
NATIONAL WESTMINSTER BANK PLC
THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 15+ SIC 26200 peers69
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con
Key FinancialsYear ending 31/03/2025
Turnover
£24.0M
Annual revenue
Net Worth
£5.9M
Balance sheet strength
Cash
£200k
Cash in the bank
Profit Before Tax
£1.2M
Bottom line earnings
Net Current Assets
£5.7M
Working capital
Current Assets
£11.0M
Current Liabilities
£5.2M
Fixed Assets
£156k
Debtors
£8.2M
Cost of Sales
£19.7M
Gross Profit
£4.3M
Admin Expenses
£3.0M
Operating Profit
£1.3M
Profit After Tax
£891k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.09 | +£526k |
| 2024 | 2.32 | +£1.6M |
| 2022 | 2.42 | — |
Derived from filed accounts. Not audited figures.