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First Orchard Limited

08613051

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

34 HIGH STREET, WALSALL, WS9 8LZ
Incorporated 17/07/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Jason Lee George Pitt

director · Since 17/07/2013

DIRECTOR

BRITISH · ENGLAND · Age 51

Mrs Ilona Jadwiga Pitt

secretary · Since 11/03/2014

Also on 1 other board

Mrs Ilona Jadwiga Pitt

director · Since 01/07/2021

COMPANY DIRECTOR

POLISH,BRITISH · ENGLAND · Age 38

Also on 1 other board

Persons with Significant Control

Mr Jason Lee George Pitt

25–50% shares
25–50% votes

British · England · Age 51

34, High Street, Walsall, WS9 8LZ

Notified 06/04/2016

Mrs Ilona Jadwiga Pitt

25–50% shares
25–50% votes

Polish,British · England · Age 38

34, High Street, Walsall, WS9 8LZ

Notified 14/10/2016

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 21/01/2020Registered 31/01/2020
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 21/01/2020Registered 24/01/2020Satisfied 25/07/2022
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 23/09/2019Registered 30/09/2019
Charge
satisfied

BARCLAYS BANK PLC

Created 02/08/2016Registered 09/08/2016Satisfied 25/07/2022

CompanyRankvs 3021+ SIC 64209 peers
64

Financial strength91th percentile among SIC peers · 23/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 5.26× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees3/15 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.

Longevity13/15 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

£2.0M

Balance sheet strength

Cash

£430k

Cash in the bank

Net Current Assets

£402k

Working capital

Current Assets

£496k

Current Liabilities

£94k

Fixed Assets

£1.9M

Debtors

£66k

0avg. employees

Tax at Year End

Corp tax£39k

Balance Sheet

Intangible assets£4k
Assets less current liabilities£2.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20245.26-£247k
20234.92-£53k
20224.72+£78k
20214.67

Derived from filed accounts. Not audited figures.