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Acorn Living Limited

12971639

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)
  • Going concern doubt noted in accounts (-10)

Details

22 CASTLE ROAD, KENILWORTH, CV8 1NG
Incorporated 23/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46499
46499
47599
Retail sale of furniture, lighting equipment and other household articles

Officers

Mr Pengfei Zhao

director · Since 23/10/2020

DIRECTOR AND COMPANY SECRETARY

CHINESE · UNITED KINGDOM · Age 45

Also on 1 other board

Persons with Significant Control

Mr Pengfei Zhao

50–75% shares
50–75% votes
Appoint directors

Chinese · United Kingdom · Age 45

22, Castle Road, Kenilworth, CV8 1NG

Notified 23/10/2020

Former PSCs

Mr Tonghe Wang

Ceased 01/03/2021

CompanyRankvs 2679+ SIC 46499 peers
29

Financial strength34th percentile among SIC peers · 9/25
Employees47th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.34× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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2679Acorn Living Limited
38
How is this score calculated?
Financial strength9/25 pts

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

Employees7/15 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.

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

and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Going concern The financial statements have been prepared on the going concern basis and the directors confirm their belief in the company's ability to continue as a going concern for a period of at l

Key FinancialsYear ending 31/10/2024

Net Worth

£100

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£94k

Working capital

Current Assets

£47k

Current Liabilities

£142k

Fixed Assets

£477

Debtors

£41k

1avg. employees

Balance Sheet

Assets less current liabilities-£94k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.34
20230.28

Derived from filed accounts. Not audited figures.