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Ore And Lumber Ltd

13224049

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

87 OULTON STREET, LOWESTOFT, NR32 3BA
Incorporated 24/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Mr Jordan Shaun Egerton

director · Since 24/02/2021

RETAILER

BRITISH · ENGLAND · Age 31

Mr Sam Joseph White

director · Since 24/02/2021

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Persons with Significant Control

Mr Sam Joseph White

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 39

87, Oulton Street, Lowestoft, NR32 3BA

Notified 24/02/2021

Mr Jordan Shaun Egerton

25–50% shares
25–50% votes

British · England · Age 31

87, Oulton Street, Lowestoft, NR32 3BA

Notified 24/02/2021

CompanyRankvs 6889+ SIC 47599 peers
28

Financial strength16th percentile among SIC peers · 4/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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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.

Employees2/15 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.

Longevity5/15 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

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£164

Current Liabilities

£10k

Fixed Assets

£7k

0avg. employees

Balance Sheet

Assets less current liabilities-£10k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02+£0
20250.02-£2k
20240.07-£1k
20230.06
20220.01

Derived from filed accounts. Not audited figures.