Back to search

Decorrum Ltd

12904569

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

30 GRENFELL ROAD, MANCHESTER, M20 6TQ
Incorporated 25/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

11010
Distilling, rectifying and blending of spirits
46342
46342

Officers

Mr Lewis James Foster

director · Since 25/09/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 33

Ms Lucy Paula Wolfenden

director · Since 01/09/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 31

Persons with Significant Control

Mr Lewis James Foster

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

British · England · Age 33

30, Grenfell Road, Manchester, M20 6TQ

Notified 25/09/2020

Ms Lucy Paula Wolfenden

25–50% shares

British · England · Age 31

30, Grenfell Road, Manchester, M20 6TQ

Notified 25/09/2020

CompanyRankvs 1052+ SIC 11010 peers
33

Financial strength27th percentile among SIC peers · 7/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength7/25 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.

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.

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.

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

-£12k

Balance sheet strength

Cash

£112

Cash in the bank

Net Current Assets

-£71k

Working capital

Current Assets

£112

Current Liabilities

£71k

Fixed Assets

£59k

Debtors

£5k

0avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£6k
20230.07+£3k
2022-£33k
20210.01

Derived from filed accounts. Not audited figures.