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Ormond Rotating Equipment Ltd

09347694

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

5 THE RIDINGS, LEATHERHEAD, KT24 5BN
Incorporated 09/12/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Mrs Caroline Ann Tacon

director · Since 09/12/2014

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 1 other board

Mr Kenneth Peter Tacon

director · Since 07/04/2015

NONE

BRITISH · ENGLAND · Age 70

Persons with Significant Control

Mrs Caroline Ann Tacon

75–100% shares

British · England · Age 62

5, The Ridings, Leatherhead, KT24 5BN

Notified 06/04/2016

Mr Kenneth Peter Tacon

Significant control

British · England · Age 70

5, The Ridings, Leatherhead, KT24 5BN

Notified 14/12/2017

CompanyRankvs 6720+ SIC 71122 peers
62

Financial strength15th percentile among SIC peers · 4/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 44.08× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees11/15 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.

Longevity12/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

£1

Balance sheet strength

Cash

£128k

Cash in the bank

Net Current Assets

£127k

Working capital

Current Assets

£130k

Current Liabilities

£3k

Fixed Assets

£1k

Debtors

£2k

2avg. employees

Balance Sheet

Assets less current liabilities£128k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
202444.08
202320.41
202214.71
202118.32
202011.15
20198.28
20184.88

Derived from filed accounts. Not audited figures.