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Orchid Homes Group Ltd

14492246

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

28 WILTON ROAD, BEXHILL ON SEA, TN40 1EZ
Incorporated 18/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Mr Edward Charles Connor

director · Since 18/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 39

Mr Sebastian Wilkinson

director · Since 18/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 1 other board

Persons with Significant Control

Mr Edward Charles Connor

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

British · England · Age 39

28 Wilton Road, Bexhill On Sea, TN40 1EZ

Notified 18/11/2022

Mr Sebastian Wilkinson

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

British · England · Age 35

28 Wilton Road, Bexhill On Sea, TN40 1EZ

Notified 18/11/2022

Charges2 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED

Created 28/03/2024Registered 04/04/2024
Charge
outstanding

CLOSE BROTHERS LIMITED

Created 28/03/2024Registered 04/04/2024

CompanyRankvs 19072+ SIC 41201 peers
22

Financial strength4th percentile among SIC peers · 1/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.73× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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19072Orchid Homes Group Ltd
41
How is this score calculated?
Financial strength1/25 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.

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.

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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

foreseeable future. In reaching this conclusion they are satisfied that no material uncertainty exists. As a result of the above, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements and that no material uncertainty exists in reaching this conclusion. Stocks Work in progress is property development costs and valued a

Key FinancialsYear ending 30/11/2024

Net Worth

-£42k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£647k

Working capital

Current Assets

£1.0M

Current Liabilities

£375k

Debtors

£28k

0avg. employees

Balance Sheet

Assets less current liabilities£647k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20242.73

Derived from filed accounts. Not audited figures.