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Ormonde Properties Ltd

13759753

active
Private Limited Company
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)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

CROWE U.K. LLP, 3RD FLOOR, ST GEORGES HOUSE, MANCHESTER, M2 3NQ
Incorporated 23/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74990
Non-trading company

Officers

Mr Michael Corness

director · Since 23/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 46

Ms Natalie Michelle Limb

director · Since 23/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Michael Corness

25–50% shares
25–50% votes

British · England · Age 46

C/O Crowe Uk Llp, 3rd Floor, The Lexicon, Mount Street, Manchester, M2 5NT

Notified 23/11/2021

Ms Natalie Michelle Limb

25–50% shares
25–50% votes

British · England · Age 42

C/O Crowe Uk Llp, 3rd Floor, The Lexicon, Mount Street, Manchester, M2 5NT

Notified 23/11/2021

CompanyRankvs 8461+ SIC 74990 peers
54

Financial strength1th percentile among SIC peers · 0/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 9.9× · 20/20
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 strength0/25 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.

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 30/11/2024

Net Worth

-£241k

Balance sheet strength

Cash

£39k

Cash in the bank

Net Current Assets

£35k

Working capital

Current Assets

£39k

Current Liabilities

£4k

Debtors

£600

2avg. employees

Balance Sheet

Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20249.90-£29k
20239.62-£117k
202226.14

Derived from filed accounts. Not audited figures.