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Cherry Orchard Funding Limited

12502698

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

222 ARMSTRONG ROAD, LUTON, LU2 0FY
Incorporated 06/03/2020

Compliance

Last accounts

31/07/2024

audit exemption subsidiary

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 04/03/2026

Due 18/03/2027

On track

Industry

64205
Activities of financial services holding companies

Officers

Ms Tatiana Korenkova

director · Since 06/03/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 10 other boards

Mr Rabinder Singh Takhar

director · Since 06/03/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 9 other boards

Mr Liam Mcshane

secretary · Since 27/10/2022

Mr Liam Leo Mcshane

director · Since 12/04/2024

CERTIFIED CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 68

Also on 6 other boards

Persons with Significant Control

Orchard Funding Group Plc

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

222, Armstrong Road, Luton, LU2 0FY

Reg: 09618919 · Uk Register Of Companies · Public Limited Company

Notified 06/03/2020

CompanyRankvs 2639+ SIC 64205 peers
29

Financial strength14th percentile among SIC peers · 4/25
Employees90th percentile among SIC peers · 14/15
LiquidityNo balance sheet data · 0/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees14/15 pts

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

Liquidity0/20 pts

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

Longevity6/15 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

Going concern doubt: -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

£12k

Annual revenue

Net Worth

£1

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£563k

Debtors

£371k

Admin Expenses

£199k

Profit After Tax

-£187k

3avg. employees+3

People Costs

Wages & salaries£36k
NI contributions£5k
Prepared with CCH Software