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Openwell Solutions (Runcorn) Limited

10215478

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

7 PARK TERRACE, MANCHESTER, M45 7QP
Incorporated 06/06/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47890
Retail sale via stalls and markets of other goods

Officers

Mr Oliver Peter Sherwood

director · Since 07/10/2016

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 13 other boards

Persons with Significant Control

Mr Oliver Peter Sherwood

75–100% shares

British · England · Age 40

7, Park Terrace, Manchester, M45 7QP

Notified 07/10/2016

Former PSCs

Ms Lisa Louise Irving

Ceased 07/10/2016

CompanyRankvs 82+ SIC 47890 peers
83

Financial strength97th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.59× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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.

Longevity10/15 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 22/06/2024

Net Worth

£121k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£120k

Working capital

Current Assets

£167k

Current Liabilities

£47k

Fixed Assets

£755

3avg. employees-1

Balance Sheet

Assets less current liabilities£121k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20243.59+£26k
20233.34+£48k
20221.92+£19k
20211.47+£17k
20201.37+£0
20191.37+£9k
20181.00

Derived from filed accounts. Not audited figures.