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Orex Projects Limited

09424014

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

SUITE 4 1ST FLOOR ST JAMES HOUSE, SALFORD, M6 5FW
Incorporated 05/02/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities
96090
Other personal service activities

Officers

Grace Harding

secretary · Since 05/02/2015

Mr Abimbola Alade Oredugba

director · Since 05/02/2015

PROJECT MANAGER

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Abimbola Oredugba

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

British · England · Age 45

Suite 4 1st Floor St James House, Pendleton Way, Salford, M6 5FW

Notified 01/02/2017

CompanyRankvs 50703+ SIC 74909 peers
35

Financial strength8th percentile among SIC peers · 2/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio -11817× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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50703Orex Projects Limited
33
How is this score calculated?
Financial strength2/25 pts

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

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 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 28/02/2025

Net Worth

-£10k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£12k

Current Liabilities

-£1

Debtors

£11k

1avg. employees

Tax at Year End(2024)

Corp tax£5k

Director Loans(2023)

Company owes directors£15k

Balance Sheet

Assets less current liabilities£12k
Signed by Mr Abimbola Oredugba 15/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202511817.00-£17k
2024—+£6k
20237.73+£21k
20222.54-£8k
202166.06-£14k
20201.31—

Derived from filed accounts. Not audited figures.