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Locally Owned Ltd

14558228

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

31 CHURCH STREET, ORMSKIRK, L39 3AG
Incorporated 28/12/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56290
Other food service activities

Officers

Mr Michael Peasgood

director · Since 28/12/2022

DIRECTOR

BRITISH · ENGLAND · Age 33

Persons with Significant Control

Mr Michael Peasgood

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

British · England · Age 33

31, Church Street, Ormskirk, L39 3AG

Notified 28/12/2022

Charges2 outstanding

Charge
outstanding

NPIF NW (MICROFINANCE) LP

Created 01/02/2024Registered 06/02/2024
Charge
outstanding

MITSUBISHI HC CAPITAL UK PLC

Created 24/04/2023Registered 25/04/2023

CompanyRankvs 5780+ SIC 56290 peers
51

Financial strength85th percentile among SIC peers · 21/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.54× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees15/15 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.

Risk deductions

Outstanding charges: -10 pts

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

£34k

Balance sheet strength

Cash

£69k

Cash in the bank

Net Current Assets

-£78k

Working capital

Current Assets

£90k

Current Liabilities

£167k

Fixed Assets

£234k

Debtors

£8k

21avg. employees+11

Tax at Year End

Corp tax£3k

Balance Sheet

Intangible assets£189k
Assets less current liabilities£156k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.54
20240.73

Derived from filed accounts. Not audited figures.