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Ordinary Living Limited

04817441

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

GRENVILLE HOUSE, BARNSTAPLE, EX31 1TZ
Incorporated 02/07/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87300
Residential care activities for the elderly and disabled

Officers

Mr Stephen John Turner

director · Since 02/07/2003

CARE HOMES

BRITISH · UNITED KINGDOM · Age 56

Also on 4 other boards

Mr Stephen John Turner

secretary · Since 14/09/2020

Also on 4 other boards

Persons with Significant Control

Mr Stephen John Turner

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 56

Farthings, Marine Drive, Bude, EX23 0LZ

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 04/10/2016Registered 20/10/2016Satisfied 13/05/2021
Charge
satisfied

LLOYDS BANK PLC.

Created 14/09/2016Registered 05/10/2016Satisfied 04/09/2018
Charge
satisfied

LLOYDS BANK PLC

Created 29/03/2016Registered 13/04/2016Satisfied 13/05/2021

CompanyRankvs 69+ SIC 87300 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.66× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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

Going concern doubt: -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 directors with respect to going co

Key FinancialsYear ending 31/03/2025

Turnover

£1.9M

Annual revenue

Net Worth

£5.4M

Balance sheet strength

Cash

£883k

Cash in the bank

Profit Before Tax

£199k

Bottom line earnings

Net Current Assets

£956k

Working capital

Current Assets

£1.2M

Current Liabilities

£205k

Fixed Assets

£4.4M

Debtors

£277k

Cost of Sales

£24k

Gross Profit

£1.9M

Admin Expenses

£1.8M

Operating Profit

£190k

Profit After Tax

£149k

62avg. employees+2

Tax at Year End

Corp tax£51k
Dividends paid£43k

People Costs

Wages & salaries£1.5M
NI contributions£136k

Balance Sheet

Bank loans & overdrafts£22k
Assets less current liabilities£5.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.66+£106k
20245.16+£46k
20235.27+£28k
20223.46+£244k
20219.53
20206.38
20195.99

Derived from filed accounts. Not audited figures.