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Ormrods Solicitors & Advocates Ltd

07068648

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

1 VICTORIA SQUARE, THORNTON-CLEVELEYS, FY5 3LU
Incorporated 06/11/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69102
Solicitors

Officers

Mr Michael William Penny

director · Since 06/11/2009

SOLICITOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Sharif Ela

director · Since 03/04/2017

SOLICITOR

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Ms Laura Michelle Ball

director · Since 06/04/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Persons with Significant Control

Mr Michael William Penny

25–50% shares
25–50% votes

British · England · Age 57

1 Victoria Square, Thornton-Cleveleys, FY5 3LU

Notified 06/04/2016

Sharif Ela

25–50% shares
25–50% votes

British · United Kingdom · Age 52

1 Victoria Square, Thornton-Cleveleys, FY5 3LU

Notified 07/11/2017

Ms Laura Michelle Ball

25–50% shares
25–50% votes

British · United Kingdom · Age 45

1 Victoria Square, Thornton-Cleveleys, FY5 3LU

Notified 01/08/2022

Former PSCs

Mr Geoffrey George Ormrod

Ceased 09/04/2021

Charges1 outstanding

Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 18/05/2015Registered 19/05/2015

CompanyRankvs 308+ SIC 69102 peers
75

Financial strength88th percentile among SIC peers · 22/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.96× · 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 strength22/25 pts

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

Employees13/15 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 31/12/2024

Net Worth

£377k

Balance sheet strength

Cash

£272k

Cash in the bank

Net Current Assets

£375k

Working capital

Current Assets

£566k

Current Liabilities

£191k

Fixed Assets

£14k

Debtors

£153k

12avg. employees+1

Tax at Year End

Corp tax£103k

Balance Sheet

Assets less current liabilities£388k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.96+£99k
20232.82+£86k
20222.98+£13k
20212.50+£61k
20202.18+£5k
20191.47-£63k
20181.89

Derived from filed accounts. Not audited figures.