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Old Fashioned Ltd

14322188

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

86-90 PAUL STREET, LONDON, EC2A 4NE
Incorporated 29/08/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores

Officers

Mr Joe James Higgins

director · Since 29/08/2022

DIRECTOR

BRITISH · ENGLAND · Age 32

Also on 6 other boards

Persons with Significant Control

Mr Joe James Higgins

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

British · England · Age 32

86-90, Paul Street, London, EC2A 4NE

Notified 29/08/2022

CompanyRankvs 15600+ SIC 47710 peers
34

Financial strength25th percentile among SIC peers · 6/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength6/25 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.

Liquidity6/20 pts

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

Longevity4/15 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 31/08/2024

Net Worth

-£226

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£226

Working capital

Current Assets

£7k

Current Liabilities

£7k

0avg. employees

Balance Sheet

Assets less current liabilities-£226
Signed by 1.9.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20240.97
20230.78

Derived from filed accounts. Not audited figures.