Orchard Finance Limited
07074570
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/07/2024
audit exemption subsidiary
Next accounts due
31/10/2026
Confirmation statement
Last: 09/11/2025
Due 23/11/2026
Industry
Officers
director · Since 12/11/2009
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 7 other boards
director · Since 15/06/2016
HEAD OF OPERATIONS
BRITISH · ENGLAND · Age 54
Also on 10 other boards
director · Since 20/07/2016
SYSTEM MANAGER
BRITISH · ENGLAND · Age 44
Also on 9 other boards
director · Since 12/04/2024
CERTIFIED CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 68
Also on 7 other boards
Persons with Significant Control
Orchard Funding Group Plc
222, Armstrong Road, Luton, LU2 0FY
Notified 13/11/2016
Former PSCs
Mr Rabinder Singh Takhar
Ceased 13/11/2016
Charges1 outstanding
TOYOTA FINANCIAL SERVICES (UK) PLC
ORCHARD FUNDING LIMITED
BEXHILL UK LTD
CompanyRankvs 640+ SIC 64929 peers36
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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
of the directors' assessment of the company's ability to continue to adopt the going concern basis of accounting included : understanding how the parent company's group cash flow forecasts for the going concern period has been prepared and the assumptions adopted; considering the reasonableness of the parent company's group projections against group current year results; considering the outcome of
Key FinancialsYear ending 31/07/2022
Turnover
£167k
Annual revenue
Net Worth
£6k
Balance sheet strength
Cash
£624k
Cash in the bank
Profit Before Tax
£124k
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£4.3M
Debtors
£6.1M
Cost of Sales
£30k
Gross Profit
£137k
Admin Expenses
£13k
Profit After Tax
£101k
Tax at Year End
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2020 | 0.85 |
Derived from filed accounts. Not audited figures.